Reply
Regular Contributor
Posts: 207
Registered: ‎06-29-2012
0

Does util on an auth user cards affect my fico scores?

I have a few cards that im an authorized user for my girlfriends cards and I have noticed that I have been getting alerts for when those cards balances go up or down. Does Fico recognize this? The cards currently have high balances. So if i pay them down will Fico recognize this on my score because i can do exactly that pay them all down? 

(Fico Equifax-721 11/19) (Fico Experian-729 11/14) (Fico Trans-691 11/4)
NFCU(10k), USAA(6k), DCU(10k), Sapphire(5k), Duck(5k), Freedom(3k), Quicksilver(3k), DiscoverIT(1500), AmexBCE($800), Orch Bank($400)
Valued Contributor
Posts: 4,563
Registered: ‎06-05-2013
0

Re: Does util on an auth user cards affect my fico scores?

As an AU they're showing up on your report so, yes, they count.

Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: Does util on an auth user cards affect my fico scores?

One of the reasons I caution people on adding AUs. Def monitor your CR's and get your util down.
Frequent Contributor
Posts: 433
Registered: ‎08-08-2013
0

Re: Does util on an auth user cards affect my fico scores?

I'm having the same problem with my DH. He has the Macy's storecard and is carrying a balance. Is there a way to get the CRA's not to show AU accounts on your report?

AMEX PRG NPSL, FIDELITY AMEX 30K, CITI DIAMOND PREFERRED 22K, AMEX DELTA SKYMIES GOLD 18K, CHASE SAPPHIRE PREFERRED 15K, CITI DOUBLE CASH 11.9K, BARCLAYCARD REWARDS MASTERCARD 6200, CHASE MARRIOTT PREMIER 5K, CAPITAL ONE SONY CARD 5K, CAPITAL ONE QUICKSILVER 3K, AMAZON STORECARD 6K, VICTORIAS SECRET 1850, EXPRESS NEXT 1050
Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: Does util on an auth user cards affect my fico scores?

Valued Contributor
Posts: 3,096
Registered: ‎01-26-2012
0

Re: Does util on an auth user cards affect my fico scores?


MissCredit9 wrote:

I'm having the same problem with my DH. He has the Macy's storecard and is carrying a balance. Is there a way to get the CRA's not to show AU accounts on your report?


No.  It is up to creditor whether AU accounts report or not.  Easiest way is to remove yourself as AU and then dispute account as not mine.  It should make it disappear.

               LIMITS IN CARD DESCRIPTIONS
Frequent Contributor
Posts: 433
Registered: ‎08-08-2013
0

Re: Does util on an auth user cards affect my fico scores?

Yes the DH is the primary. I hate to offend him by asking him to remove me. I offered to pay it and let him pay me to avoid interest but he is not having it.... OH well

AMEX PRG NPSL, FIDELITY AMEX 30K, CITI DIAMOND PREFERRED 22K, AMEX DELTA SKYMIES GOLD 18K, CHASE SAPPHIRE PREFERRED 15K, CITI DOUBLE CASH 11.9K, BARCLAYCARD REWARDS MASTERCARD 6200, CHASE MARRIOTT PREMIER 5K, CAPITAL ONE SONY CARD 5K, CAPITAL ONE QUICKSILVER 3K, AMAZON STORECARD 6K, VICTORIAS SECRET 1850, EXPRESS NEXT 1050
Moderator
Posts: 27,207
Registered: ‎09-13-2012
0

Re: Does util on an auth user cards affect my fico scores?

You can remove yourself and then dispute it with the CRAs. Then again, if you do not want to rock any boats at home ....
Valued Contributor
Posts: 2,690
Registered: ‎09-26-2011
0

Re: Does util on an auth user cards affect my fico scores?

Kinda varies by lender...

 

I added my DW to my Macy's card to help build her profile a few years ago.

 

Currently, our goal is to REMOVE as much debt from her name as possible, so she disputed several accounts with the CRA's and Macy's was one that got deleted.  She's still an AU...still carries and uses the card....but it no longer appears on her credit reports.

 

Keep the card....keep the DH happy...dispute the account on all three CRA's as "not mine" and Macy's should no longer report on your credit report.

 

I am aware that this does NOT work with every card.   (tried it with Kohls and JCP with no luck...)   ...but it DID work for us at Macy's. 

 

Good luck!

Current Scores: EX: 615, TU08: 639, EQ: 607. 04/01/2015.

Zero percent financing is where the devil lives...
Valued Contributor
Posts: 1,145
Registered: ‎04-13-2013
0

Re: Does util on an auth user cards affect my fico scores?


tcbofade wrote:

Kinda varies by lender...

 

I added my DW to my Macy's card to help build her profile a few years ago.

 

Currently, our goal is to REMOVE as much debt from her name as possible, so she disputed several accounts with the CRA's and Macy's was one that got deleted.  She's still an AU...still carries and uses the card....but it no longer appears on her credit reports.

 

Keep the card....keep the DH happy...dispute the account on all three CRA's as "not mine" and Macy's should no longer report on your credit report.

 

I am aware that this does NOT work with every card.   (tried it with Kohls and JCP with no luck...)   ...but it DID work for us at Macy's. 

 

Good luck!


I could be mistaken but this feels like an unethical practice to engage in especially when the OP knows that they are an AU. Others may see it differently. 


Gardening since 7/16/14
Current: EQ 711 7/13/14; EX 724 TU 721 6/19/14
Goal: 760+
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.