Reply
Highlighted
New Visitor
Posts: 1
Registered: ‎11-08-2007
0

CC Auth. User Hurting or Helping

I'm an Auth. User on a Credit Card that is often PIF on time but thousands of dollars are showing up on this account regularly. My credit history is only two years old and I'm afraid if I have my name removed from the account it may actually hurt my credit. The limit on the card is $16k if that's helpful and it is one of my older accounts. if you could give me some insite that'd be real great. And if I'm not allowed to ask questions of this nature please disreguard and have a nice day. Thanks!
Moderator Emeritus
Posts: 9,252
Registered: ‎03-19-2007
0

Re: CC Auth. User Hurting or Helping

lots of variables in play here.
You want your overall revolving balances reported to the CRA's under 10% ideally.

it is most likely helping you- just make sure it is paid down and reported before applying for new credit and CLI's

If you would like more detail than this- go ahead and include current scores, avg age, balances, cl's and baddies and we might be able to provide more insight.

This is a legitimate question-



ashlbubba wrote:
I'm an Auth. User on a Credit Card that is often PIF on time but thousands of dollars are showing up on this account regularly. My credit history is only two years old and I'm afraid if I have my name removed from the account it may actually hurt my credit. The limit on the card is $16k if that's helpful and it is one of my older accounts. if you could give me some insite that'd be real great. And if I'm not allowed to ask questions of this nature please disregard and have a nice day. Thanks!


Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.