topic Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin in Rebuilding Your Credit

How to address "authorized user" Credit Card/late payment & advice with rebuilding.

RCOH — Tue, 17 May 2016 23:31:38 GMT

Hello,

I'm trying to work on repairing my credit. As for my report I have 3 credit cards listed with late payments that need addressed on all three agencies. One is for Capital One ($89.00) which I plan on paying very soon. The second is Merrick Bank ($266) that will be addressed soon after. The third is a card from First Premier ($449) that I was listed as an authorized user on.

Can/should I dispute the First Premier? It wasn't my card. I don't want to pay the balance unless it's necessary to clear up my reports.

Other than those I have a couple accounts in collection, 2 on Experian ($541), 3 reporting on Transunion ($634) and 4 listed by Equifax ($783).

All three are reporting my previous auto loan 'paid in full' plus my current loan that I took out in February. All payment are listed as on time with the new account. This did help improve my scores after getting another auto loan. It was necessary, I didn't have reliable transportation.

I've also applied for Credit One and was approved just last week. I received a welcome letter from them yesterday. I don't plan on using this card except to make a small purchase each month then pay in full once it reports each month. I know I should have at least one more if not two additional revolving accounts reporting to help with rebuilding. Capitol One said they would offer me service again once I pay the debit with them.

As for Inquiries they are Experian (3), Equifax (3) plus Transunion with 0.

Any and all advice is appreciated!!

Thanks in advance.

Re: How to remove an "authorized user" Credit Card badie/late payment - plus advice with r

RobertEG — Tue, 17 May 2016 23:31:42 GMT

"Wasnt my card" is not basis for dispu6ng the accuracy of a reported AU account.

Any AU account is, by definition, not yours. You consented to having it added to your credit file/report.

You cant accept the reporting of an AU and then cherry-pick by having any derogs reported on the account deleted.

There is no inaccuracy in the reporting.

The option is to have the AU removed if you no longer wish it reported.

Re: How to remove an "authorized user" Credit Card badie/late payment - plus advice with r

RCOH — Tue, 17 May 2016 23:36:30 GMT

How do I have it removed?

Also, am I understanding that if they don't pay the account then I must to get it corrected?

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

RobertEG — Tue, 17 May 2016 23:42:51 GMT

Procedures vary by creditor.

Call the creditor and ask. Some will require notification from the primary card holder, while others will accept your cancellation.

You also want them to delete prior reporting to the CRA, and not simply discontinue updates.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

RCOH — Tue, 17 May 2016 23:45:42 GMT

Thank you. I'll give them a call.

Any other advice?

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

RonM21 — Wed, 18 May 2016 02:49:56 GMT

Maybe try to settle the collections or work a PFD deal if possible. These being on your reports sre going to hold your scores down until they fall off.

Also, if Cap 1 said they'd gjve you a chance again, I would try to handle theit debt quickly and take advantage of that. This time handling what they give you much better obviously.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

RCOH — Thu, 19 May 2016 08:43:22 GMT

Thanks for the replies.

I tried contacting First Premier today about the authorized user CC account. I wasn't able to speak with anyone about the account. I tried every option they offer including customer service. It wouldn't connect me to anyone because the system said the account was closed, It was an automated service. I was able to get the account number from the card holder though.

After doing more research I did find several articles that say you can in fact dispute an authorized user with the Credit Bureaus. Here is one on Experian, there are several more on the Web. According to everything I have read the CB will remove them, an authorized user isn't liable for AU charges unlike a joint account holder.

I filed a dispute with Transunion but didn't have success with Equifax. The system said it had a problem identifying who I am. I must of answered one of the questions wrong. Equifax instructed me to mail or fax in the dispute. I downloaded the form and plan to fax it tomorrow.

I'll try to get the few collections I have to agree on a PFD. Two are Medical, I may be able to get those taken care of through the Hospital. I know others who have had sucess dealing directly with them.

I didn't intend to have problems in the first place but none of us do. I ran into mediacl problems and was unable to pay all of my account's.

I'll let you know if/when I get a reply in regards to the authorized user account.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

Anonymous — Thu, 19 May 2016 09:23:20 GMT

My husband had a charge off FPB card (that was paid after the fact in settlement) that I was AU on. I tried to dispute it through the CRAs but it came back as verified. I called the number on my credit reports and had myself removed from the account as an AU. I then disputed the account again with the CRAs as not mine and they came off after that.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

RCOH — Thu, 19 May 2016 09:33:13 GMT

The only number I found was the one listed on the First Premier site. I didn't look on my reports...

Just found one on my CCT report (605) 357-3440. That isn't the number I called. I'll give it a shot today. I should be able to get in touch before the dispute is investigated with Transunion. I havn't faxed the Equifax dispute yet.

Thanks for the suggestion and reply.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

RCOH — Thu, 19 May 2016 11:20:03 GMT

Tried the other number, got the same automated service.

It said I had to contact Accounts Receivable Management which is a collection agency. I know they can't remove me.

I don't know what else to do other than file a dispute. I can't get in touch with a real person at First Premier. Doesn't matter which option I try (tried them all), they want either a account number or reference number before they will connect you with anyone. The only number I have is the account which get's me no where.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

Anonymous — Thu, 19 May 2016 12:47:59 GMT

If you Google Get A Human First Premier Bank there is a number listed. Get a human usually is pretty reliable for getting around automated systems.

@RCOH wrote:
Tried the other number, got the same automated service.

It said I had to contact Accounts Receivable Management which is a collection agency. I know they can't remove me.

I don't know what else to do other than file a dispute. I can't get in touch with a real person at First Premier. Doesn't matter which option I try (tried them all), they want either a account number or reference number before they will connect you with anyone. The only number I have is the account which get's me no where.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

Anonymous — Thu, 19 May 2016 13:57:31 GMT

@RCOH wrote:
Hello,

I'm trying to work on repairing my credit. As for my report I have 3 credit cards listed with late payments that need addressed on all three agencies. One is for Capital One ($89.00) which I plan on paying very soon. The second is Merrick Bank ($266) that will be addressed soon after. The third is a card from First Premier ($449) that I was listed as an authorized user on.

Can/should I dispute the First Premier? It wasn't my card. I don't want to pay the balance unless it's necessary to clear up my reports.

Other than those I have a couple accounts in collection, 2 on Experian ($541), 3 reporting on Transunion ($634) and 4 listed by Equifax ($783).

All three are reporting my previous auto loan 'paid in full' plus my current loan that I took out in February. All payment are listed as on time with the new account. This did help improve my scores after getting another auto loan. It was necessary, I didn't have reliable transportation.

I've also applied for Credit One and was approved just last week. I received a welcome letter from them yesterday. I don't plan on using this card except to make a small purchase each month then pay in full once it reports each month. I know I should have at least one more if not two additional revolving accounts reporting to help with rebuilding. Capitol One said they would offer me service again once I pay the debit with them.

As for Inquiries they are Experian (3), Equifax (3) plus Transunion with 0.

Any and all advice is appreciated!!

Thanks in advance.

This is a PERFECT example of why using "AU" accounts to boost your credit score is a BAD idea.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

RCOH — Thu, 19 May 2016 20:25:17 GMT

FINALLY!

Second number I tired under "get a human" worked. (800-501-6125)

They removed me as an authorized user.

Now to get it removed from my reports. Already disputed trough Transunion yesterday, Experain doesn't have it listed, Equifax Ill give it another shot online before I use the form.

That account is really hurting my score. It's not only a charge off with late payments but also reporting over the limit making my UTI look awful to the system.

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

RCOH — Sat, 21 May 2016 02:46:36 GMT

UPDATE:

Received a response from Transunion about my dispute...

Investigation Results

CURRENT FILE

FILE NUMBER 335555XX

REPORT DATE 05/19/2016

DISPUTE OPEN DATE 05/18/2016

NAME RONDAL X XXXXXXXX

ADDRESS XXX X XXXXXXXX XX

XXXXXX, OH 433XX

COMPLETION DATE 05/18/2016

Account information

ITEM DESCRIPTION RESULTS

FIRST PREMIER BANK #543362896162XXX RESULTS: DELETED

Re: How to address "authorized user" Credit Card/late payment & advice with rebuildin

Anonymous — Sat, 21 May 2016 15:30:38 GMT

Gettting the AU accounts off your CR's should be fairly easy, as you're finding out....

But you've gotta make sure you are READY, willing and ABLE to now be a PAYER!

'I have 3 credit cards listed with late payments that need addressed on all three agencies.

One is for Capital One ($89.00) which I plan on paying very soon.

The second is Merrick Bank ($266) that will be addressed soon after. '

Truth be told if $89 is still being 'planned' and $266 is to BEaddressed at the same time

other CC's are being vetted for yet MORE usage...you need to be very careful (Mod Cut-non FSR)

Too many accounts here and there suggest there may be a steady payment issue....please be careful and safely

guard your on-time payment history as you rid yourself of these negs.

* Trust me not an attack, just frank advice...yes I know there was an issue medical. job loss whatever but ALL those and EVERY account

didn't get that way over one scenario ....grab your next chapter by making a change to how things get done.

Best of Luck