I am an authorized user on my grandmothers credit card. I rarely use it yet it impacts my credit score. Would I be better off having her remove me as an authorized user? or will it remain on my credit report even if she removes me
IF it is free of any derogs and the balance is low- it is helping.
I am sure you know that if FICO 08 ever kicks in - it will be removed from scoring.
flipflopgirl wrote:
I am an authorized user on my grandmothers credit card. I rarely use it yet it impacts my credit score. Would I be better off having her remove me as an authorized user? or will it remain on my credit report even if she removes me
When did she open the account? If the card has a long history to it - keep it. It may also be to your advantage to help your grandmother pay any balances.
Being an AU on a card with a history to it and a low balance is a win-win situation.
I am an authorized user on my grandmothers credit card. I rarely use it yet it impacts my credit score. Would I be better off having her remove me as an authorized user? or will it remain on my credit report even if she removes me
It should be removed from your report once you are no longer AU. If it isn't, then all you do is simply dispute as "not mine".
