cancel
Showing results for 
Search instead for 
Did you mean: 

Removed as Authorized User

Regular Contributor

Removed as Authorized User

Ok so my dad added me as an authorized user on his account about 2 years ago. His credit limit was $16,000, but he quickly added up the charges and used about 98% of that card. I know this has a HUGE impact on my score, as it shows I owe around $15,000 now and 95% of my credit is unavailable. I have 2 credit cards on my own, both of which I pay on time and have low utilization.

 

So anyways, my dad contacted his bank and had them remove me as an authorized user. This was about a month ago, but still hasn't been reported to any agencies. Should I just wait it out, or can I maybe open a dispute with TransUnion to move the process along? My credit has been at 595 for the past like 6 months and I've been working hard on trying to get it to the 700's, but I feel like this account is really holding me back.


I am in the garden until next year!

Amazon Store Card: $800 (Approved 9/12/18) PayPal MC: $300 (Approved 9/10/18)Discover IT: $1,500 (Approved 9/6/18), Wells Fargo Secured: $1,200, Capital One QS: $500 (Upgraded from Platinum 9/12/18), Navient: $4,625 balance, PenFed Auto Loan: $10,513 balance, Collections: 1-2 (medical-paid 9/4/18, still not updated; other one falls off 11/18)
Starting Scores (3/2018): 580 range
Message 1 of 3
2 REPLIES
Moderator

Re: Removed as Authorized User


@Queen_Etherea wrote:

Ok so my dad added me as an authorized user on his account about 2 years ago. His credit limit was $16,000, but he quickly added up the charges and used about 98% of that card. I know this has a HUGE impact on my score, as it shows I owe around $15,000 now and 95% of my credit is unavailable. I have 2 credit cards on my own, both of which I pay on time and have low utilization.

 

So anyways, my dad contacted his bank and had them remove me as an authorized user. This was about a month ago, but still hasn't been reported to any agencies. Should I just wait it out, or can I maybe open a dispute with TransUnion to move the process along? My credit has been at 595 for the past like 6 months and I've been working hard on trying to get it to the 700's, but I feel like this account is really holding me back.


It should update at the regularly scheduled time for monthly reporting and if it doesnt then you can dispute to have it removed as not responsible for the account.

"If there's a lack of money in your life, understand that feeling worried, envious, jealous, disappointed, discouraged, doubtful or fearful about money can never bring more money to you, because those feelings come from a lack of gratitude for the money you have."

"Reactions are powerful creators because they contain every element needed to manifest—they're a combination of thought, belief, and feeling in action. Positive reactions create more positive things, and negative reactions create more negative things. If you can respond to negative situations calmly and lightly, instead of with emotional turbulence, what happens next in your life will be so much better."

- Rhonda Byrne

Message 2 of 3
Frequent Contributor

Re: Removed as Authorized User

You can generally dispute the AU account that is being reported and the CRA will remove it. I do not know if that option is still there it would be a option to to dispute an authorized user account or you could also dispute saying youre not liable and they will remove it within 30 days (usually in a couple of days). 

Message 3 of 3