08-04-2007 06:18 PM
08-04-2007 06:34 PM
I'm a little confused with your post. The CC is closed with a balance, right? Was the account sent to a CA (collection agency)? FYI you are not responsible for one cent of this balance.
vaupinya1 wrote:I'm an authorized user on my brother's credit card. His balance is about $7200 and the credit card company closed the account when he called to make payment arrangements. If I have all CA remove this AU, do you think my scores will increase?
08-04-2007 07:29 PM
08-05-2007 03:44 AM
08-05-2007 09:27 AM - edited 08-05-2007 09:27 AM
Have your brother call the CCC, request that they remove you as an AU on that account, and request that they cease reporting that account to the CRAs as belonging to you. Once you have been removed as an AU, if the account keeps showing up on your CR, dispute it with each CRA.
vaupinya1 wrote:Yes, it closed with a balance and was not sent to collections. The account appears on my reports as though its my account. I just learned from this site that I could have it removed!
08-06-2007 12:04 PM
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.