12-04-2012 02:46 PM
Should I remove myself as an AU for this account? Is it helping or hurting me?
GECRB/SAM'S CLUB DC
P.O. Box 965005
Account Number: XXXX Status: PAYS AS
Account Owner: Authorized User High Credit: $4,149
Type of Account : Revolving Credit Limit: $5,300
Term Duration: Terms Frequency: Monthly (due
Date Opened: 10/01/2006 Balance:
Date Reported: 10/01/2008 Amount Past Due:
Date of Last Payment: 10/2008 Actual Payment Amount: $375
$32 Date of Last Activity: 10/2008
Date Major Delinquency Months Reviewed: 23
12-04-2012 05:50 PM
So it currently has a $4,000 balance or? If it has that high a balance it's probably killing your utilization depending on what kind of revolving credit you personally have. If it has a lower balance then there is no harm in keeping it as long as it stays current.
12-04-2012 06:17 PM
It's not mine so I have no control over how he's using it. I do know he is expecting a big bonus in a few months and will probably pay it down then. Since I am an AU I just wondered if I should hang tight or cut it loose. I suspect I will have to cut it loose before long anyway. Your thoughts?
12-04-2012 06:26 PM
If you expect that you will just be cutting loose of the card soon then just get it over with now and don't benefit/lose because of it. Everything you do should be long term and positive not a hope that it works out.
12-05-2012 07:04 AM
12-05-2012 08:52 AM
I called today and had myself removed. I will be following up with a letter. Should I notify the CRA or should I just wait?
12-05-2012 09:35 AM
The CC company should send you a letter that they are removing you from account and will notify the bureaus. When you get letter Call and asked it to be emailed send to CRA to have the account deleted. Dont wait on it as you want it removed asap Dont forget to let us know what your score is after it is dleted
12-05-2012 10:17 AM
I asked for a letter and they said they would send it to my ex (the account holder) go figure. I followed up with snail mail letters just to confirm my request.
12-05-2012 10:21 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.
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.