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Established Contributor
ktl72455
Posts: 831
Registered: ‎12-09-2012
0

need 2nd opion please!!

Ok Heres the scoop.... I was AU on DH Sams Discover And Discover, paid down a chunck to drop UTL and they balance chased so I removed my self as AU. That was back in March. This is how MPM report shows this morning still. I know I will loose the AAoA from both once totally removed ( opened 1/2003) but my thinking is with them both showing a limit and a balance and neither have updated since April, are these still being factored into my UTL? According to Credit Karma they are. With out them my UTL is 7%. With them it is 41%.

 

Should I write and dispute "Not Mine" and have them both taken off? I think I should since they dont update. But is there another reason to keep them on that I am not seeing?

 

xdiscover2.jpg

 

 

12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)
1/15/14 TU 665 | EQ 648 | EX 655 ~Myfico scores
6/8/14 TU08 666 | EQ08 656 |EX08 655 } EQ04
My Wallet: Cap1 3,500K ~FH 950 Credit One 1000~Orchard Bank 2000~ Matrix 400 ~NFCU nRewards 18K~NFCU Cash Rewards signature| 5K
Last Negs to fall off: 2-Cap1 CO's PD (fall off 1/17)~Forclosure (fall off 1/16)
Epic Contributor
Creditaddict
Posts: 20,874
Registered: ‎10-23-2007
0

Re: need 2nd opion please!!


ktl72455 wrote:

Ok Heres the scoop.... I was AU on DH Sams Discover And Discover, paid down a chunck to drop UTL and they balance chased so I removed my self as AU. That was back in March. This is how MPM report shows this morning still. I know I will loose the AAoA from both once totally removed ( opened 1/2003) but my thinking is with them both showing a limit and a balance and neither have updated since April, are these still being factored into my UTL? According to Credit Karma they are. With out them my UTL is 7%. With them it is 41%.

 

Should I write and dispute "Not Mine" and have them both taken off? I think I should since they dont update. But is there another reason to keep them on that I am not seeing?

 

xdiscover2.jpg

 

 


The first one looks fine on all reports except TU but the 2nd one I would get rid of if it's still with balance... and since they already show you terminated I would just delete. on both and save the trouble of trying for other fixes. it's faster and easier... can't imagine it's really helping... especially IF any scoring system calculates it by any chances!

Fico Scores: EQ- 682 DCU, TU 696 Walmart, EX 695 NASA(10-6-14)
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Valued Contributor
nicholasyud
Posts: 1,734
Registered: ‎08-13-2012
0

Re: need 2nd opion please!!

Sometime you have to disputed with all 3 CRA if you removed yourself as AU......I run through this same situation not too long ago.....


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Contributor
gstq34
Posts: 116
Registered: ‎06-08-2013
0

Re: need 2nd opion please!!

GE balance chases people? This is GE card?


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Established Contributor
Simply827
Posts: 703
Registered: ‎10-15-2012
0

Re: need 2nd opion please!!

If you dispute as "not mine" or "no longer responsible for this account" it will likely come off the next day. That's what happened when I was in the same situation.


Starting Score: 515
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Valued Contributor
mxp114
Posts: 1,362
Registered: ‎09-01-2011
0

Re: need 2nd opion please!!

Afaik all three CRA's instantly delete AU accounts if you request removal but warn you that the account could be reinserted if you are not removed. You can do that or if the balance is now $0, dispute that the balance reported is incorrect but this could trigger a deletion.

Super Contributor
CS800
Posts: 6,550
Registered: ‎04-07-2008
0

Re: need 2nd opion please!!


mxp114 wrote:

Afaik all three CRA's instantly delete AU accounts if you request removal but warn you that the account could be reinserted if you are not removed. You can do that or if the balance is now $0, dispute that the balance reported is incorrect but this could trigger a deletion.


+1

 

I did that on two occasions. Disputed as account not mine and they were removed since I was not the primary account holder and only an AU




Established Contributor
ktl72455
Posts: 831
Registered: ‎12-09-2012
0

Re: need 2nd opion please!!

Ok thanks everyone! I didnt think there was any positive side to keeping them on my report and doing more damage than good !! letter are both in envelopes waiting to hit the mail! With such a long AAoA on his , maybe when I am done rebuilding and getting his UTL down I'll add myself back but right now, this is what helps me :-)

Thanks for the input!

12/4/12 TU 589 MyFico ~EQ 579 MyFico ~EX 577(Fako)
1/15/14 TU 665 | EQ 648 | EX 655 ~Myfico scores
6/8/14 TU08 666 | EQ08 656 |EX08 655 } EQ04
My Wallet: Cap1 3,500K ~FH 950 Credit One 1000~Orchard Bank 2000~ Matrix 400 ~NFCU nRewards 18K~NFCU Cash Rewards signature| 5K
Last Negs to fall off: 2-Cap1 CO's PD (fall off 1/17)~Forclosure (fall off 1/16)

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