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ltibbetts
Posts: 1
Registered: ‎07-18-2012
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late payments effecting score when done before it became a joint account

My husband and i got married a little over a year ago.  About 6 months ago we decided to put me on his Target card.  When I checked my score today, I noticed that the card has 3 late payments back in 2010.  I have never been late on a payment (17 years) and it looks like this is about 14 points.  If I wrote to the credit bureaus, would they be able to put a note in or something indicating the late payments were before it became a joint account or do I have to wait it out for the next 5 years until it drops off?

Thanks! LIsa

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webhopper
Posts: 7,225
Registered: ‎09-16-2011
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Re: late payments effecting score when done before it became a joint account

My advice to you;

1. Remove yourself from the account as a joint cardholder

Or

2. Have your husband chat with Target about removing the lates, especially if there is a good reason for them (didn't get statement, unauthorized charges)

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somotao
Posts: 229
Registered: ‎08-13-2011
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Re: late payments effecting score when done before it became a joint account

You might want to have your husband send a Goodwill Letter to Target to see if they will remove the lates.


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pizzadude
Posts: 9,674
Registered: ‎01-28-2010
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Re: late payments effecting score when done before it became a joint account

 

If you can't get Target to GW the late pays then I would agree that you should probably remove yourself from the account.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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westo12
Posts: 584
Registered: ‎07-20-2008
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Re: late payments effecting score when done before it became a joint account

You can remove yourself from a JOINT account?  One that you aren't just a AU on??

2014 Starting-618, current TU621 (TU 10/20) / Ending Goal score: 720 / 30 Positive TLs / 1 Negative: Unpaid $312 med CA placed 2010 / reported Install Bal/Lim: 25027/36512 | reported Revolving Bal/Lim: 11169/27232=41%util

**IN the garden until I get some auto CLI's on major accts**
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pizzadude
Posts: 9,674
Registered: ‎01-28-2010
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Re: late payments effecting score when done before it became a joint account


westo12 wrote:

You can remove yourself from a JOINT account?  One that you aren't just a AU on??


I interpreted that the OP was added as an AU, but you're right, they did in fact say Joint account.   

 

I don't believe that you can be taken off a joint account, but you certainly can be taken off if you are an AU.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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westo12
Posts: 584
Registered: ‎07-20-2008
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Re: late payments effecting score when done before it became a joint account

She did say Joint Account, but if he added her after it was already opened, then she would be an AU I believe.  Correct?

2014 Starting-618, current TU621 (TU 10/20) / Ending Goal score: 720 / 30 Positive TLs / 1 Negative: Unpaid $312 med CA placed 2010 / reported Install Bal/Lim: 25027/36512 | reported Revolving Bal/Lim: 11169/27232=41%util

**IN the garden until I get some auto CLI's on major accts**
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pizzadude
Posts: 9,674
Registered: ‎01-28-2010
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Re: late payments effecting score when done before it became a joint account


westo12 wrote:

She did say Joint Account, but if he added her after it was already opened, then she would be an AU I believe.  Correct?


Yep, exactly - that was the source of my confusion.   I'm  not sure if you can be added jointly after the account has already been opened in one person's name....

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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tisch0791
Posts: 57
Registered: ‎03-31-2012
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Re: late payments effecting score when done before it became a joint account

Once you remove yourself as an AU, does the history on that card get removed from your credit reports or does it stay on up until the point where you asked to be removed?

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westo12
Posts: 584
Registered: ‎07-20-2008
0

Re: late payments effecting score when done before it became a joint account

Pretty sure the entire account is removed.


tisch0791 wrote:

Once you remove yourself as an AU, does the history on that card get removed from your credit reports or does it stay on up until the point where you asked to be removed?


 

2014 Starting-618, current TU621 (TU 10/20) / Ending Goal score: 720 / 30 Positive TLs / 1 Negative: Unpaid $312 med CA placed 2010 / reported Install Bal/Lim: 25027/36512 | reported Revolving Bal/Lim: 11169/27232=41%util

**IN the garden until I get some auto CLI's on major accts**

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