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New Member
Posts: 2
Registered: ‎02-03-2014
0

Charge off as an authorized account user

Hello everyone,

 

I have a charge off on  my credit reports, the CC has a balance of $9,000 at 100% utilization. I am listed as a authorized user so I was able to get it removed from my report today, I was told it will take 3-5 business days. Any idea how much this will affect my score?  It was last reported in Nov 13.

 

               thanks in advance for any help!

Moderator
Posts: 27,177
Registered: ‎09-13-2012
0

Re: Charge off as an authorized account user

While a CO and the newness of the derog are impacting your score, it's impossible to give an estimate without knowing more information.  Did you pull your CS prior to the co?

New Member
Posts: 2
Registered: ‎02-03-2014
0

Re: Charge off as an authorized account user

unfortunately no, I had no idea that it was on there because I had not pulled all three reports until recently. I have never really tracked my score, and I recently was looking to get a loan and pulled one report and was disappointed in my Experian score of 639. So I pulled all three and noticed the issue and immediately called to have it removed.

Valued Contributor
Posts: 1,977
Registered: ‎04-07-2009
0

Re: Charge off as an authorized account user

Since you are an authorized user call the credit card company and ask to be removed.

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