question about authorized user... PLEASE HELP!

[Anonymous]

Thank you ALL, I called chase & removed myself as an AU . Will calling the 2 bureaus that we’re used for that card to remove that account from my report be good ? Or should I just leave as is ? Since , I already removed myself as AU?

[FlaDude]

Personally, I'd just wait to see how it reports. My daughter was an AU on one of my Chase cards and it was bringing down her score because it was close to maxed out at the time. I contacted Chase and had the AU removed. The account then reported zero balance on her report, her score went up as expected, and a year or two later the account just dropped off her report entirely. Since the card was 23 years old at the time it would have had a little negative impact on AAoA when it dropped off, but she is still AU on another of my 24 yo cards and also on a 35 year old closed account, so we didn't see much score change.

[coreysw12]

Another vote here for "just leave it alone". If the AU account stays on your report, and reports a $0 balance (as is likely to be the case), it might actually help your score more than if you removed it entirely.

[Anonymous]

The card was just reporting to equifax & transunion so I called both to have it removed ... TU removed it , equifax said dispute would take 30 days... i'm not sure if i made the right choice, but i just don't want anything hurting me in the future since i think my score is pretty good & 100% payments on time , never missed , so I hope i didn't make a mistake by completely removing them from my credit report.

[Anonymous]

Seems like the TransUnion score went up 9 points after removing that account from my CR

[coreysw12]

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@Anonymous wrote:
Seems like the TransUnion score went up 9 points after removing that account from my CR

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That sounds about right.

The upside here isn't the so much the score boost, it's the fact that you no longer need to worry about her making a late payment and unexpectedly causing your credit score to tank.

[Anonymous]

Understand your desire to achieve and maintain good credit. Obviously, you have been doing that! You already have been discussing options to correct a situation that has not been to your advantage. Best wishes on keeping good credit! Would add one thing, in reading posts over time and my own experiences, you likely will want to be conservative on future "joint accounts", "authorized users" and signing as a "co-signer"! All of these can really hurt if they don't flow as they should (sure you already know this but, wanted to reinforce it from my own experiences).

[Anonymous]

Thanks @dinosaur my goal is to get my fico score to 800+ , so far I’ve been on the right path , scores in the 740+ all 3 of them which were over 750+ but once that account started going up my scores dropped like crazy & at first I had no idea what it was until I checked the account & she was using the card uncontrollably, i just couldn’t have that hurting me so I just removed myself as AU & called the 2 bureaus to have that account removed from my credit report , I don’t want that on my credit report if it’s gonna look bad .. because eventually I want to apply for a mortgage . But thank you for the advice !