Authorized Credit Card User

Author: Daine143
Posted: Thu Jul 01, 2004 3:03 pm
Post subject: Authorized Credit Card User

7/15/2002 9:20 am CDT

I have seen a lot of previously posted messages that are contradictory. Some of you have said that authorized user statis does not effect your score others say it does?

Here is what I know from experience. Transunion removed a charge off account in which I was an authorized user but my score did not change at all. However, I was denied credit when that report was pulled before it was removed.

Experian is giving me a harder time but I think I will eventually come out on top. However I cannot even think about applying for credit if a creditor pulls an Experian report until it is off. It may or may not effect a score but it does effect the chances of getting any credit.

It seems creditors do not care if you are an authorized user or not or whether the score reflects it or not.

Any experiences with this? The FTC has a provison that was interesting to me and I am wondering if it applys to authorized users. Apparently an account must be removed under the Federal reporting act if it is not a persons account. Could this be used to make a case if there is any more trouble? Thanks

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