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Authorized User

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Authorized User

As an authorized user on 3 of my wife's revolving accounts, her balances add to my overall revolving balance and it affects my score.
 
What would have a better affect on my score; removing me as an authorized user on those accounts, or paying off those 3 accounts?
 
I'd rather just be removed as an AU, but I don't want to take a hit on my score.  All 3 accounts are in good standing, they're just carrying a balance.
 
Thanks!


Message Edited by Reaper35 on 03-13-2007 02:44 PM
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What would have a better affect on my score; removing me...

What would have a better affect on my score; removing me as an authorized user on those accounts, or paying off those 3 accounts?
 
While either paying or removing these authorized user accounts could improve your score, you may want to pay off the accounts entirely if you can, since by doing so you also could be helping your wife's score.


Message Edited by Barry on 03-19-2007 01:05 PM

Formerly consumer affairs manager, media spokesman and myFICO Forums community manager at FICO, I'm now freelance writing for CreditCards.com and my own site, SpeakingOfCredit.com.

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