Score affected if Removed as an authorized user accounts?

[itspaul]

Im planning on getting an autoloan with Chase Bank in the next 60 days.

In order for Chase to reduce exposure, should I remove myself as the AU on these 2 Chase accounts? Does Chase even care? Will it negatively affect my score?

I laready have 3 Revolvers with Chase, 2 on my personal, 1 business revolver that doesn’t show on my personal credit, but I am the guarantor

Im also the AU for 2 Chase accounts.

First: Open Date 2/17 - $3500

Second:  Open Date 11/14 - $4500

My Credit w open date

Chase  2/17

Chase 3/17

Barclays 2/17

Discover 11/17

Barclays 5/14

Merrick Bank 12/13

Target store 11/13

Installments

Auto loan Chrysler 5/17

NBT Bank 3/17

[RSX]

I don't think it will matter to Chase.  But I also don't think you need the $8k padding or the age of either of these

so i would get removed just because you don't necessarily need them anymore.   

[Girlzilla88]

Honestly I would just drop the 2017 one and keep the 2014 one but if you do rid both it may possibly affect your AAoAs so just be careful.

[itspaul]

That was my thought too. 2014 could have more of an affect

[Girlzilla88]

Agreed

[RSX]

Not according to the math

this is your average age of all accounts.  So the more you add, the lower the impact

with just your own accounts (9) your avg is 41.1

with the 2 additional (11) your avg is 41.7

keeping the 2014 AU is (10) and your avg will be 42.9.  Not a significant difference.  

I would drop em both. I only want to be an AU on a) an old account. B) high CL.  C) low util

for a 1 month difference, I wouldn't chance that the Acct could get some med/high util

Up to you though.  

[itspaul]

Very good points

[howellco2]

what kind of rate is chase offering for a auto loan i aways thought that credit unions were the way to go

[itspaul]

It's a Jaguar lease which goes through Chase
Money factor is. 00002 or .048% APR
I can only lease due to the cars depreciation

[itspaul]

Update

Chase - Open Date 2/17 - $3500, 60% utilization was dropped as an AU.
My Fico 8 fell by 14 points, a day later showed as a closed account, zero balance, and went up by 14 points.
Credit score stayed after removing myself as an AU