topic Re: Mom opened a credit card in my name when I was younger. Should I try to get CapOne to remove it in Rebuilding Your Credit

Mom opened a credit card in my name when I was younger. Should I try to get CapOne to remove it?

Corifto — Thu, 11 Dec 2014 05:14:18 GMT

My mother was in a rough spot when I was younger and unbeknownst to me, she opened a CapOne account. A few months later, I got a collections call, and figured it out. She said it was for my benefit, to help build history and give it to me already with a good standing and good limit. That didn't work.

The card reports as no lates or delinquencies. It was opened in January 2008, and closed March 2008, so it's essentially got one, maybe two months on it before it was closed. Should I try to have it removed, send a GW, talk to EO, or any other options you could recommend?

For the record, my other accounts are:

BofA-Paid Charge Off-Opened in 01/2008;Closed 05/2009;Paid off 09/2013

CapOne Secured:$250-Opened 11/2013

BofA Secured:$300-Opened 07/2014

CapOne:$300-Opened 09/2014

Overstock Store:$2200-Opened 12/2014

Re: Mom opened a credit card in my name when I was younger. Should I try to get CapOne to remove it

RobertEG — Thu, 11 Dec 2014 06:37:57 GMT

With that date, it is possible that delinquencies occured that have now become excluded.

Were there actually any lates or other derogs? How did the account come to be closed?

More directly stated, were there any events on the account that weould be relevant?

Re: Mom opened a credit card in my name when I was younger. Should I try to get CapOne to remove it

Corifto — Thu, 11 Dec 2014 06:50:58 GMT

To my knowledge, none are negative. My CR states there's no negative indicators. I was thinking more of a standpoint of AAoA effects.

Re: Mom opened a credit card in my name when I was younger. Should I try to get CapOne to remove it

junebug225 — Thu, 11 Dec 2014 08:28:16 GMT

It appears to be a positive account and if it's your oldest it's helping AAOA regardless of how long it was open. IMO I would leave it.

@Corifto wrote:
To my knowledge, none are negative. My CR states there's no negative indicators. I was thinking more of a standpoint of AAoA effects.

Re: Mom opened a credit card in my name when I was younger. Should I try to get CapOne to remove it

Anonymous — Thu, 11 Dec 2014 14:01:42 GMT

IMHO I would leave it. It doesn't seem to be a negative, and the account is so old it really wouldn't affect you either way. I see no reason to waste your time.