topic Re: I cancelled an auth user Delta Amex and lost 33 points? in Understanding FICO® Scoring

I cancelled an auth user Delta Amex and lost 33 points?

tussking — Sun, 01 Jan 2023 19:56:09 GMT

I added myself to my kid's Delta Amex for the spend bonus. We met the bonus, so I removed myself.

I lost 33 points on my EXP don't know about the others yet. Should I add myself back on? I am confused.

Re: I cancelled an auth user Delta Amex and lost 33 points?

GZG — Sun, 01 Jan 2023 20:16:16 GMT

@tussking wrote:
I added myself to my kid's Delta Amex for the spend bonus. We met the bonus, so I removed myself.

I lost 33 points on my EXP don't know about the others yet. Should I add myself back on? I am confused.

If anything, adding yourself should have lost you points whereas removing yourself should have gave you points.

Does Experian.com provide any other reason/recent change?

Re: I cancelled an auth user Delta Amex and lost 33 points?

JoeRockhead — Sun, 01 Jan 2023 20:54:49 GMT

How long ago did you become an AU?... their algorithms could just be over reacting, collectively dinging you for such things as loss of an open revolving account, lower overall available credit, etc... You could wait until some of your other accounts report over the coming month and see if it levels out some... I've had swings like this in both directions over what I thought were trivial things.

Re: I cancelled an auth user Delta Amex and lost 33 points?

sznthescore — Sun, 01 Jan 2023 21:30:34 GMT

Yes, due to the removal of the AU account, a lot of things changed on your credit profile... 1 less account, overall utilization, AAoA seeing as the trade line was removed all together, etc.

Depending on how long you were an AU and the age of that account before you were added... played a major factor in age I'm sure. In addition to the CL on the account and your own personal utilization once it was removed.

Re: I cancelled an auth user Delta Amex and lost 33 points?

Jnbmom — Sun, 01 Jan 2023 21:58:57 GMT

We may need a little more information. What was the age of the AMEX ? I can't see you having a lot of age on it unless your son added you when they first got the card b/c AMEX doesn't back date . Did you loose a significant amount of available credit and your utilization increased to a high amount ?

This doesn't seem to make sense ?

Re: I cancelled an auth user Delta Amex and lost 33 points?

tussking — Sun, 01 Jan 2023 23:30:50 GMT

Agree this is confusing...

I opened two cards for her 5 months ago. The Amex added 25k to my overall CL's. I am still under 20% utilization. The card has $3500 balance.

We are adding me back on tomorrow. Nothing else on my reports has changed.

Re: I cancelled an auth user Delta Amex and lost 33 points?

sznthescore — Mon, 02 Jan 2023 00:28:14 GMT

Due to all the variables, one that we left out could be that you we're rebucketed to a newer scorecard. Adding yourself back, would give you the points back, but also rebucket you back to the scorecard that you may have been on.

Re: I cancelled an auth user Delta Amex and lost 33 points?

SouthJamaica — Mon, 02 Jan 2023 03:26:09 GMT

@tussking wrote:
I added myself to my kid's Delta Amex for the spend bonus. We met the bonus, so I removed myself.

I lost 33 points on my EXP don't know about the others yet. Should I add myself back on? I am confused.

I can see no reason why your being removed as an AU from that card should have caused a point loss of that severity. I can see your loss of the 25k credit limit causing a slight decrease, but not 33 points worth.

I'm guessing it was something else.

Re: I cancelled an auth user Delta Amex and lost 33 points?

tussking — Wed, 01 Feb 2023 03:56:47 GMT

Quick update...We added me back onto the Delta Amex as an auth user, and last night it arrived back on my credit report.

I woke up today to a +31 jump!

Re: I cancelled an auth user Delta Amex and lost 33 points?

BenConrad — Sat, 11 Feb 2023 01:23:05 GMT

I gained 22 points TODAY by taking myself off as an AU on a friends Amex Plat