09-01-2012 04:18 AM
09-01-2012 07:43 AM - edited 09-01-2012 07:44 AM
Whenever you are an AU on someone else's CC, both you and that person will share the same payment history, balances, CLs, stati, etc. It's no different in your case. If one defaults, then the other will show the same on their report.
If you are listed as an AU on a bad account, or even a good account, you can dispute as "not mine". He can't do that because the card is his, but you can do that because the card is not yours. And he can do the same to his account that he's listed as an AU on. The CRAs will remove the AU account.
For the unpaid CC CO, I recommend sending a PFD letter, or pay it off and send GW letters later.
For the CO that was paid in 2009, does it report a balance at $0? It can still report as a charge-off even after paid.
BTW, Welcome to the forums!
I'd suggest reading the following:
Credit Scoring 101 - great for knowing what is in your credit score and to see how your score is impacted.
What Steps Do I Take - great for learning the repair process.
and Example letters - PFDs, GWs, DVs, etc.
09-01-2012 07:59 AM
09-01-2012 01:29 PM
For the citi card debt it doesn't show a $0 , it shows the balance of $1,000.00 , which my Husband paid.
It should be reporting $0. I'd send a GW to them asking them not to update to $0, but to delete.
09-01-2012 06:57 PM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.