topic Re: AU question in Credit Cards

AU question

Anonymous — Thu, 19 Feb 2009 05:43:16 GMT

I was on a card as an authorized user for a while one someone else's card.

I'm really reaping benefits from it! It was opened in 1985 but more importantly, it really saves my bacon as far as my bad utilization % goes - card had a $25k limit and reports as $0 !

My question - I got off the card a few years ago - how long will it continue to show on my credit report?

Re: AU question

Anonymous — Thu, 19 Feb 2009 05:45:07 GMT

should only take a month or two to go away. you could always dispute it off since not your account if u need off faster

Re: AU question

Anonymous — Thu, 19 Feb 2009 05:56:56 GMT

I think you misunderstand - I really want it to STAY on my report. It's helping me.

I've been off for quite some time now and it's still on there. Are you saying that is unusual and I should expect it to go away at any moment?

Re: AU question

Anonymous — Thu, 19 Feb 2009 06:05:52 GMT

is it reporting as closed or open? If It's reporting open and reporting all good stuff I would ignore it unless it becomes a baddy then I dispute it off.

Re: AU question

Anonymous — Thu, 19 Feb 2009 07:33:59 GMT

it's reporting as open with a limit of $25k and a balance of $0 (which is not accurate, the balance is actually pretty high). I'm loving it and I don't want it to go away. to have an extra 25k limit at 0 utilization is good good good! especially since my only credit problem is utilization.

Re: AU question

cobaltnv — Thu, 19 Feb 2009 15:52:22 GMT

If I understand correctly the card is open, but you are no longer an AU. That is a tough one. When you are removed as an AU the account usually (often?) is removed from your account fairly quickly. Sometimes they stay on longer. I suppose it is possibly it will stay on for the 10 years a "normal" account would remain (I would not hold your breath on that one). As there is nothing you can do to try to keep the account on--you should just thank your lucky stars and LEAVE IT ALONE. If you even breath funny at that TL the CRA's will remove it.

Congrats!

Re: AU question

haulingthescoreup — Sun, 22 Feb 2009 17:58:00 GMT

Is it an American Express card? I removed DH and DD#2 from my Gold card 6+ months ago, and it's still reporting.

But any other bank I've dealt with for AU's stops reporting it with the very next update cycle.

Re: AU question

Anonymous — Sun, 22 Feb 2009 19:44:25 GMT

It's a chase visa and I've been off it for several years now.

My utilization is pretty high so I'm really happy to have it there - reporting high CL and $0 util - really helps me out.

I won't count on it staying there though.