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Established Contributor
Posts: 536
Registered: ‎01-24-2008
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I am confused about the AU questions

I thought being a AU didn't count anymore as far as scores go?
 
Does it really help on reports?
 
What I did and screwed up ROYALY!
 
I was a AU on DH chevron, I NEVER noticed the account on my CR said SHARED!
I didn't apply for this card with DH as a CO Applicant, when he applied he asked for another card in my name, they reported it somehow ( he or I never gave them my SS#).
 
Well, GEMB took over Chevron's accounts and reported the TL on my report as Closed so I disputed it as not mine, I don't need a closed account listed, well, that was my fatal mistake, I disputed it and they CLOSED DH's account because of it. Now we are fighting with the legal dept to re open the account.
 
I have gotten answers as to why it was closed from fraud, to the FCRA sent a written letter to close the account, to DH filed BK (which he did and was discharged in 12/07 and Chevron was not listed no where in the BK (the attorney did this not DH).
 
It was actually MY FAULT this account was closed.
 
People if you are a AU on someons account DO NOT EVER dispute it as NOT YOURS, they will close that persons account due to fraud. to this day the account is STILL in the legal dept and IS NOT re-opened.
 
Have the person that owns the account call the creditor and request that the AU be removed.
 
And remember their credit becomes YOUR credit, if they defualt, you get hit.
Established Contributor
Posts: 536
Registered: ‎01-24-2008
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Re: I am confused about the AU questions

?
Moderator Emeritus
Posts: 16,374
Registered: ‎03-12-2007
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Re: I am confused about the AU questions



gdtobefree wrote:
 
Have the person that owns the account call the creditor and request that the AU be removed.
 



I always felt this is the best way too.
Credit Profile -
FICO 08 Scores (03-26-2015): EQ 814, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26 years ~ AAoA: 13 years ~ Util: 1% ~ Inqs: EX 1, EQ 1

Credit Cards: Amex BCP ~ Amex Clear ~ Amex Platinum ~ Barclay Ring Mastercard ~ Chase Freedom Visa ~ CITI Dividend Platinum World Mastercard ~ FIA Fidelity Investment Platinum Visa ~ First Hawaiian Bank Gold Visa
Established Contributor
Posts: 536
Registered: ‎01-24-2008
0

Re: I am confused about the AU questions

Still confused, someone UNconfuse me
Moderator Emeritus
Posts: 6,794
Registered: ‎09-29-2007
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Re: I am confused about the AU questions



gdtobefree wrote:
Still confused, someone UNconfuse me



What are you confused about?
 
AU accounts still count in scoring until FICO 08 goes into effect.  That has not happened yet, for the most part.
 
----------------------------
App free since 7/11/08.
TU 744 / EX 710 / EQ 694 (Starting to slip. :smileysurprised: )
Established Contributor
Posts: 536
Registered: ‎01-24-2008
0

Re: I am confused about the AU questions

That is why I was confused I thought fico 08 had already happened.
 
Any idea of when that will happen?
Valued Contributor
Posts: 1,424
Registered: ‎07-24-2007
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Re: I am confused about the AU questions

AU counts.
 
This stuff about FICO '08 is just hot air.
 
 
New York Yankees - 2009 World Series Champions. 27... and counting.....
Established Contributor
Posts: 536
Registered: ‎01-24-2008
0

Re: I am confused about the AU questions

Now ya tell me, AFTER I had it deleted and went through the hassel of them closing DH's Account and the fight to get it reopened.
Moderator Emeritus
Posts: 11,562
Registered: ‎08-29-2007
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Re: I am confused about the AU questions



cobra19 wrote:
AU counts.
 
This stuff about FICO '08 is just hot air.
 
 


FICO 08 has already been made available by Experian to their clients.
 
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Moderator Emeritus
Posts: 11,562
Registered: ‎08-29-2007
0

Re: I am confused about the AU questions



gdtobefree wrote:
I thought being a AU didn't count anymore as far as scores go?
 
Does it really help on reports?
 


IMO, even if doesn't help your score, as long as it a good account with no delinquencies on it and is an older account with good history attached, I would leave it.
 
Some creditors will do manual reviews.
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