cancel
Showing results for 
Search instead for 
Did you mean: 

I think its time to remove myself from the AU accounts I am, how much of a score drop can I expect?

AzCreditGuy
Frequent Contributor

I think its time to remove myself from the AU accounts I am, how much of a score drop can I expect?

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 

9 REPLIES 9
CH-7-Rebuilding
Valued Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe


@AzCreditGuy wrote:

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 


I have four AU accounts.   I'm confused about the AU penalty you are speaking of.   I recently learned that when all my revolvers reported zero but one of the AU accounts reported a balance, I lost the 20 points for no revolver reporting a balance.   In other words, FICO did not count the small balance on the AU card.  

Most months the AU's I have all report a zero balance and I haven't seen any score gyrations.   Can you explain the AU penalty you refer to?   Thanks.

Message 2 of 10
AzCreditGuy
Frequent Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe


@CH-7-Rebuilding wrote:

@AzCreditGuy wrote:

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 


I have four AU accounts.   I'm confused about the AU penalty you are speaking of.   I recently learned that when all my revolvers reported zero but one of the AU accounts reported a balance, I lost the 20 points for no revolver reporting a balance.   In other words, FICO did not count the small balance on the AU card.  

Most months the AU's I have all report a zero balance and I haven't seen any score gyrations.   Can you explain the AU penalty you refer to?   Thanks.


@CH-7-Rebuilding I had the opposite issue I got a AU penalty when my 2 reported AU reported zeros on EX ....with AU accounts you have to have at least 1 reporting or else you will get AU penalty for zero reporting.

Message 3 of 10
SouthJamaica
Super Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe


@CH-7-Rebuilding wrote:

@AzCreditGuy wrote:

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 


I have four AU accounts.   I'm confused about the AU penalty you are speaking of.   I recently learned that when all my revolvers reported zero but one of the AU accounts reported a balance, I lost the 20 points for no revolver reporting a balance.   In other words, FICO did not count the small balance on the AU card.  

Most months the AU's I have all report a zero balance and I haven't seen any score gyrations.   Can you explain the AU penalty you refer to?   Thanks.


You're not going to believe this, but there are 2 All Zero penalties for people who are AU's on someone else's cards.

 

There's one All Zero penalty for your own cards.

 

And there's another All Zero penalty for your AU cards.

 

I thought it was crazy when I first learned of it, but then I personally tested it. Someone who has been maintaining AZEO, but is also an AU on 1 of my cards which usually reports at zero, experienced a nice point gain when I left $10 on my card.


Total revolving limits 653000 (575000 reporting) FICO 8: EQ 716 TU 747 EX 715

Message 4 of 10
dragontears
Valued Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe

The trick is, the AU account has to "count" for the algorithm i.e. not being excluded by the anti-abuse algorithm, for the AU penalty to be observed. 

 

OP what is your reported usage? Limits themselves don't change FICO scores 

Scores hover around 800
Haven't been AZEO in over a year
Rome was not built in a day, neither is a good credit profile
Message 5 of 10
Birdman7
Super Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe


@CH-7-Rebuilding wrote:

@AzCreditGuy wrote:

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 


I have four AU accounts.   I'm confused about the AU penalty you are speaking of.   I recently learned that when all my revolvers reported zero but one of the AU accounts reported a balance, I lost the 20 points for no revolver reporting a balance.   In other words, FICO did not count the small balance on the AU card.  

Most months the AU's I have all report a zero balance and I haven't seen any score gyrations.   Can you explain the AU penalty you refer to?   Thanks.


@CH-7-Rebuilding if you have at least one of your AUs reporting a balance and then they all report zero balances and you don't see score gyrations, and as @dragontears correctly observed, they are not counting on version 8/9, the anti-abuse algorithm got them. that's how you test to see if they're counting actually. 

-Community’s scoring wisdom: Scoring Primer.
-New: MORTGAGE SECTION.
-Negative Reason Codes: CassieCard’s Score Factors.
-Calculate metrics with ccquest’s Workbook.

Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.



RIP:

(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 6 of 10
CH-7-Rebuilding
Valued Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe


@Birdman7 wrote:

@CH-7-Rebuilding wrote:

@AzCreditGuy wrote:

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 


I have four AU accounts.   I'm confused about the AU penalty you are speaking of.   I recently learned that when all my revolvers reported zero but one of the AU accounts reported a balance, I lost the 20 points for no revolver reporting a balance.   In other words, FICO did not count the small balance on the AU card.  

Most months the AU's I have all report a zero balance and I haven't seen any score gyrations.   Can you explain the AU penalty you refer to?   Thanks.


@CH-7-Rebuilding if you have at least one of your AUs reporting a balance and then they all report zero balances and you don't see score gyrations, and as @dragontears correctly observed, they are not counting on version 8/9, the anti-abuse algorithm got them. that's how you test to see if they're counting actually. 


Thanks Birdman.    I did have the situation a couple of months ago where I had none of my own revolvers reporting, but one of my AU accounts reported a small balance and I lost 20 points.    My AU accounts are counting for AAofA, at least per the posted calculation of AAofA.   

 

Two of my terminated accounts (now closed) were from my parents who have now passed.   Those two accounts were opened back in the 1980s.  

 

My husband has me on 2 of his accounts as an AU, and those accunts are from the 1990s/early 2000s.   These accounts are open and never report a balance because I have the cards and he can't use them.   (He has one Alaska Airlines card he gets to use).

And my best friend has me on her 1993 BofA account.  

Because virtually all of my old revolvers fell off at 7 years post filing, these AU accounts are propping me up in terms of age.  I do now have 28 accounts closed from post-2013 BK filing that are helping with age, but many will drop off in a few more years since I have closed them.

I do find the AU thing confusing.   I wish I could get my BF to go a month with no balance reporting, but I can't really ask her to do that.   I met her working at the old WAMU in 1981 and she recently retired as a SVP for Chase.    Her reported balances are only like $500/month.   God knows she has never had a late payment in her life or worried about her FICO score.   (I recently pulled it for her and it's like 820 FICO 8).   She is like most normal people -- she has two credit cards and could care less about her scores.    She has never messed up.  And her total credit limits are like 20K, which she thinks is a crazy is high amount of potential debt.   LOL.

Message 7 of 10
Birdman7
Super Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe


@CH-7-Rebuilding wrote:

@Birdman7 wrote:

@CH-7-Rebuilding wrote:

@AzCreditGuy wrote:

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 


I have four AU accounts.   I'm confused about the AU penalty you are speaking of.   I recently learned that when all my revolvers reported zero but one of the AU accounts reported a balance, I lost the 20 points for no revolver reporting a balance.   In other words, FICO did not count the small balance on the AU card.  

Most months the AU's I have all report a zero balance and I haven't seen any score gyrations.   Can you explain the AU penalty you refer to?   Thanks.


@CH-7-Rebuilding if you have at least one of your AUs reporting a balance and then they all report zero balances and you don't see score gyrations, and as @dragontears correctly observed, they are not counting on version 8/9, the anti-abuse algorithm got them. that's how you test to see if they're counting actually. 


Thanks Birdman.    I did have the situation a couple of months ago where I had none of my own revolvers reporting, but one of my AU accounts reported a small balance and I lost 20 points.    My AU accounts are counting for AAofA, at least per the posted calculation of AAofA.   

 

Two of my terminated accounts (now closed) were from my parents who have now passed.   Those two accounts were opened back in the 1980s.  

 

My husband has me on 2 of his accounts as an AU, and those accunts are from the 1990s/early 2000s.   These accounts are open and never report a balance because I have the cards and he can't use them.   (He has one Alaska Airlines card he gets to use).

And my best friend has me on her 1993 BofA account.  

Because virtually all of my old revolvers fell off at 7 years post filing, these AU accounts are propping me up in terms of age.  I do now have 28 accounts closed from post-2013 BK filing that are helping with age, but many will drop off in a few more years since I have closed them.

I do find the AU thing confusing.   I wish I could get my BF to go a month with no balance reporting, but I can't really ask her to do that.   I met her working at the old WAMU in 1981 and she recently retired as a SVP for Chase.    Her reported balances are only like $500/month.   God knows she has never had a late payment in her life or worried about her FICO score.   (I recently pulled it for her and it's like 820 FICO 8).   She is like most normal people -- she has two credit cards and could care less about her scores.    She has never messed up.  And her total credit limits are like 20K, which she thinks is a crazy is high amount of potential debt.   LOL.


@CH-7-Rebuilding well when you saw that loss that was because you had no primaries reporting a balance that was just the primary AZ loss. But for your authorize user accounts, you could have some of them counting and some of them that are not. But if you had all of them that are counting report a zero balance, you would see a loss on F8/9.

-Community’s scoring wisdom: Scoring Primer.
-New: MORTGAGE SECTION.
-Negative Reason Codes: CassieCard’s Score Factors.
-Calculate metrics with ccquest’s Workbook.

Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.



RIP:

(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 8 of 10
CH-7-Rebuilding
Valued Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe


@Birdman7 wrote:

@CH-7-Rebuilding wrote:

@Birdman7 wrote:

@CH-7-Rebuilding wrote:

@AzCreditGuy wrote:

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 


I have four AU accounts.   I'm confused about the AU penalty you are speaking of.   I recently learned that when all my revolvers reported zero but one of the AU accounts reported a balance, I lost the 20 points for no revolver reporting a balance.   In other words, FICO did not count the small balance on the AU card.  

Most months the AU's I have all report a zero balance and I haven't seen any score gyrations.   Can you explain the AU penalty you refer to?   Thanks.


@CH-7-Rebuilding if you have at least one of your AUs reporting a balance and then they all report zero balances and you don't see score gyrations, and as @dragontears correctly observed, they are not counting on version 8/9, the anti-abuse algorithm got them. that's how you test to see if they're counting actually. 


Thanks Birdman.    I did have the situation a couple of months ago where I had none of my own revolvers reporting, but one of my AU accounts reported a small balance and I lost 20 points.    My AU accounts are counting for AAofA, at least per the posted calculation of AAofA.   

 

Two of my terminated accounts (now closed) were from my parents who have now passed.   Those two accounts were opened back in the 1980s.  

 

My husband has me on 2 of his accounts as an AU, and those accunts are from the 1990s/early 2000s.   These accounts are open and never report a balance because I have the cards and he can't use them.   (He has one Alaska Airlines card he gets to use).

And my best friend has me on her 1993 BofA account.  

Because virtually all of my old revolvers fell off at 7 years post filing, these AU accounts are propping me up in terms of age.  I do now have 28 accounts closed from post-2013 BK filing that are helping with age, but many will drop off in a few more years since I have closed them.

I do find the AU thing confusing.   I wish I could get my BF to go a month with no balance reporting, but I can't really ask her to do that.   I met her working at the old WAMU in 1981 and she recently retired as a SVP for Chase.    Her reported balances are only like $500/month.   God knows she has never had a late payment in her life or worried about her FICO score.   (I recently pulled it for her and it's like 820 FICO 8).   She is like most normal people -- she has two credit cards and could care less about her scores.    She has never messed up.  And her total credit limits are like 20K, which she thinks is a crazy is high amount of potential debt.   LOL.


@CH-7-Rebuilding well when you saw that loss that was because you had no primaries reporting a balance that was just the primary AZ loss. But for your authorize user accounts, you could have some of them counting and some of them that are not. But if you had all of them that are counting report a zero balance, you would see a loss on F8/9.


Okay, so question.   When I have no revolvers reporting, I lose about 20 points.   Fine.   But let's say that none of my primary cards report nor any of my AU revolvers report.  Would I see a 20 point loss + 20 point loss = 40 point loss total?    Please help me with this.

Message 9 of 10
Birdman7
Super Contributor

Re: I think its time to remove myself from the AU accounts I am, how much of a score drop can I expe


@CH-7-Rebuilding wrote:

@Birdman7 wrote:

@CH-7-Rebuilding wrote:

@Birdman7 wrote:

@CH-7-Rebuilding wrote:

@AzCreditGuy wrote:

As my credit rebuilding journey is coming to end and I am at 800+  for credit scores on the big 3, I am thinking of removing myself from 3 AU accounts. Thanks to @Birdman7 informing me of the AU penalty, I am thinking the AU accounts have served the purpose of my credit rebuild and I would like to remove the AU penalty from my credit profile. 

 

Current with AU accounts total credit 

 

Ex $81, 950 

If removed AU accounts would be $56,850 

 

EQ $81,950 

If removed AU accounts would be $56,850 

 

TU $79,350

If removed AU accounts would $56,850

 

If AU accounts are removed my total credit would be balanced now and no more AU penalty if a AU account is not being used 

 


I have four AU accounts.   I'm confused about the AU penalty you are speaking of.   I recently learned that when all my revolvers reported zero but one of the AU accounts reported a balance, I lost the 20 points for no revolver reporting a balance.   In other words, FICO did not count the small balance on the AU card.  

Most months the AU's I have all report a zero balance and I haven't seen any score gyrations.   Can you explain the AU penalty you refer to?   Thanks.


@CH-7-Rebuilding if you have at least one of your AUs reporting a balance and then they all report zero balances and you don't see score gyrations, and as @dragontears correctly observed, they are not counting on version 8/9, the anti-abuse algorithm got them. that's how you test to see if they're counting actually. 


Thanks Birdman.    I did have the situation a couple of months ago where I had none of my own revolvers reporting, but one of my AU accounts reported a small balance and I lost 20 points.    My AU accounts are counting for AAofA, at least per the posted calculation of AAofA.   

 

Two of my terminated accounts (now closed) were from my parents who have now passed.   Those two accounts were opened back in the 1980s.  

 

My husband has me on 2 of his accounts as an AU, and those accunts are from the 1990s/early 2000s.   These accounts are open and never report a balance because I have the cards and he can't use them.   (He has one Alaska Airlines card he gets to use).

And my best friend has me on her 1993 BofA account.  

Because virtually all of my old revolvers fell off at 7 years post filing, these AU accounts are propping me up in terms of age.  I do now have 28 accounts closed from post-2013 BK filing that are helping with age, but many will drop off in a few more years since I have closed them.

I do find the AU thing confusing.   I wish I could get my BF to go a month with no balance reporting, but I can't really ask her to do that.   I met her working at the old WAMU in 1981 and she recently retired as a SVP for Chase.    Her reported balances are only like $500/month.   God knows she has never had a late payment in her life or worried about her FICO score.   (I recently pulled it for her and it's like 820 FICO 8).   She is like most normal people -- she has two credit cards and could care less about her scores.    She has never messed up.  And her total credit limits are like 20K, which she thinks is a crazy is high amount of potential debt.   LOL.


@CH-7-Rebuilding well when you saw that loss that was because you had no primaries reporting a balance that was just the primary AZ loss. But for your authorize user accounts, you could have some of them counting and some of them that are not. But if you had all of them that are counting report a zero balance, you would see a loss on F8/9.


Okay, so question.   When I have no revolvers reporting, I lose about 20 points.   Fine.   But let's say that none of my primary cards report nor any of my AU revolvers report.  Would I see a 20 point loss + 20 point loss = 40 point loss total?    Please help me with this.


@CH-7-Rebuilding you've got the right idea. If you have authorized user accounts that are counting, they have their own separate independent AU AZ loss on 8/9 as noted above. So yes you could have a 20 point loss for each or you could have a 10 point loss for each, it depends on your profile. But it only comes into play when all of that subcategory are reporting zero.

-Community’s scoring wisdom: Scoring Primer.
-New: MORTGAGE SECTION.
-Negative Reason Codes: CassieCard’s Score Factors.
-Calculate metrics with ccquest’s Workbook.

Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.



RIP:

(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 10 of 10
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.