When I first went away to college, my mom added me as an authorized user on all of her American Express cards. Several years later, my mom became seriously ill and was unable to work, so she got seriously delinquent with her payments and they were subsequently canceled by Amex.
She was able to work out a deal with them to slowly, very s l o w l y pay off the cards and has been doing this for several years. The problem is that those balances are on my credit report and are counted in my util.
I had a bk discharged in July 06 and got an Orchard bank in Mar 07 that I have maintained a low balance (less than 5%) and it currently has a $0 balance. When I pulled my FICO scores on Friday, my util was at 97% due to the balances on my mom's Amex accounts.
Is there anything that I can do about this? I currently have an auto loan and a student loan in addition to the one bank card. I have not been late on anything, yet my scores are barely budging.
Currently my scores are: TU: 568 EQ: 533 EX: 531
Help! I really want to purchase a home in 2 years after my car is paid off.