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  1. Should this be done in writing? Then, once this is done, will they automatically be removed by the CRAs, or do I have to dispute them with the CRAs?
  2. I haven't done anything yet because I don't know what exactly to do. Is there a section here on the boards about someone being removed as an AU? I don't want to say or write something wrong that will keep this from being removed. I'm not sure how to go about this or what to say when I dispute them with the CRA. I have seen enough here to know I need to be careful choosing my words. I only have my current address on all of my reports.
  3. I did a search and could not find what I was looking for, so I could use some help. I am an authorized user on 2 of my mothers credit cards and have used them in the past. One of the accounts is now closed with a 90%+ utilization. The other is open, but will soon be closed. It has a 30% utilization now, but will likely be near the limit in a few months. I am not liable for payment on either; I was just an authorized user. I do not need either now and want to remove both. I could not find what to do or how to do it or any potential letters I can send to the CRAs. If there are no letters, I need some specifics on what to say. Any help will be greatly appreciated.
  4. Two quick questions: #1 Does JC Penney report to all three CRA's? #2 I searched for this.....what does one have to do to add an authorized user? What info is required? Is it as simple as making a phone call? Thanks in advance for any help.
  5. Is it mandatory to transfer the full balance when doing a balance transfer? A family member is doing a transfer and wants to leave a small balance. Thanks in advance for any help.
  6. Thanks for replying. I might not have made my question clear enough, I do know if I get added right now, my score will drop. I will ask it in a hypothetical way....if I got added today, and the card was paid down in 3 months....would my score 6 months from now be affected in any way? Thanks again, and sorry if my question wasn't clear enough.
  7. I have very good FICO scores in the mid 700's, as all of my old and bad info is gone (TransUnion is 667 with one negative, in the process of taking care of it). My issue is a lack of revolving accounts, and I am having my mother (perfect credit, never late, never a negative) add me to two of her cards, as an authorized user. The question I have is as follows...her utilization % is high on one of the cards...$6500 limit, $5800 balance. The card will be paid down soon. Does it matter if she adds me right now? In other words, will the current high utilization have any negative impact on me in the future, if it is paid down in the next 3 months or so? Thanks in advance for any advice.
  8. Could someone tell me what 99/500 means? I tried a search and didn't come up with anything. Thanks in advance.
  9. Greetings all, I joined here a few months ago. I have only worked about 2 1/2 years total since 1997. Naturally, my then excellent credit took a major hit. I never checked it before this past week. When I first joined this site, I read everything I could and many of my concerns were answered. I have opted out already, then recently ordered my reports. I was pretty shocked to see how high my FICO scores are. I didn't realize how long it has been since I started having problems. I hadn't paid anything since October of '98. I planned on making arrangements. Then I heard any activity would possible cause the entire account history to, in effect, start over. I didn't pay anything, with the exception of a student loan. My FICO scores were really good....TransUnion was 667, Equifax 741 and Experian 764. I have one negative on TransUnion that is inaccurate. The date listed for when the account was opened and closed are both incorrect. The account should be off the report. I will take care of it with a letter...I will look again, but I think it's called a verification letter, that I saw here. If not, please advise. Worst case, it will be gone in July, even with the incorrect date. That is the only negative anything on any of my reports. I also don't have any inquiries. I do have old addresses listed. considering my past, and my lack of knowledge about credit, the FICO scores blew me away. My problem is, I don't have any revolving accounts. I have a family member with impeccable credit who is willing to put me on 2 of her cards, as an additional user. My question is, does it matter what kind of cards? she has a Visa with a $6500 limit, 4 years old, a JC Penney card, $7000 limit, also 4 years old, and a QVC card, $7500 limit, 10 years old. Utilization is under 10% on all three. Advice would be appreciated on what to do here. I thought I read that I should have 2 revolving accounts for a 6 month minimum. By the way, I will not be able to work for at least 6-9 more months, but I want to get something on there now. I should be ok in the future if I watch myself. I just want advice on which cards to add, and if there is a difference. Any advise or comments are appreciated. Regards, Tony.
  10. I've been here since October. I havent posted much, been educating myself and already learned a ton. I'm sure I will be posting as soon as I have questions. Congrats on having such a great site, and thanks to all for the unselfish help and advice that is given here. Regards, Tony
  11. Greetings, I am new to this forum, joined last month. I have learned more in this month about credit than in my past 44 years of life. Thanks to all who offer their advice and time to people seeking help. I have read a lot here, and have learned a lot. I'm sure I will have questions as I go forward. I have no positive credit activity in the past 7 years. I do not work, and won't be for at least 6 months. I have a family member willing to add me as an authorized user. They have a very high FICO score of near 800. One of the cards she has had for many years. It does, however, have a high utilization, and has for quite some time. She only has 2 other cards, and I can't be added to either because of where she has them. They are from a credit union who I have a bad past history with. She has other accounts, that have been inactive for quite some time. She is also willing to get new cards if necessary. What I want to ask is this, does past utilization play a role? In other words, if this card was paid down, or paid off before I was added, would past high utilization be a negative? I do have some money, and could pay the card down, or pay it off. I just want to know if this is better, or would it be better to just have her get a new card, and add me to that. Thanks in advance for any help. Regards, Tony

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