I have been a lurker on the forums for quite somewhile. I recently pulled a free credit score through Credit Karma. My Transunion score came out as 762 and my Equifax came out as 764. I have an Auto Loan, Student Loans, and about $15,000 of personal Credit. On my own personal accounts I've never had a late payment, but I am currently an Authorized User on two accounts that have some issues. I'm trying to weigh the Pro's and Con's of this. The two accounts that have issues (I've posted information below) are also the longest held accounts (opened in 2005). My question is do you think the benefit of having a lengthy account history outweighs the negative of missed/late payments?
I've read that it is pretty easy to be removed as an AU...but if I just ask my parents to remove me as an AU will it come off my Credit Report? Do I even have to contact the reporting agencies if this is something I want to do? If I remove these two account with a history from 2005, my oldest accounts will be from 2009.
Preparing to buy a house in the next 12-24 months so just want to get everything in order. Thanks for your advice.
Baddie #1 - Missed Payments as Recent of March 2015
Account Details
Last Reported
Apr 25, 2015
Responsibility
Authorized User
Payment Status
60-89 Days Late
Worst Payment Status
60-89 Days Late
Date of Last Payment
Mar 19, 2015
Times 30/60/90 Days Late
8/0/0
Remarks
Canceled by credit grantor
Baddie #2 - 2 Missed Payments in May and June of 2014
Account Details
Last Reported
May 26, 2015
Responsibility
Authorized User
Worst Payment Status
30-59 Days Late
Date of Last Payment
May 04, 2015
Times 30/60/90 Days Late
2/0/0
