Re: Hey WHYCHAT Re: Negative Authorized User Status....................

Posted by donnak (65.127.72.88) on August 27, 2003 at 19:29:33:

In Reply to: Hey WHYCHAT Re: Negative Authorized User Status.................... posted by donnak on August 27, 2003 at 19:20:33:

Authorized users share all the effects of account notations with the primary account holder-bad as well as good. Every piece of information on your credit report is part of the historical record of credit-related activity included in a credit report, and therefore cannot normally be removed until the established reporting period has passed. However, in the case of being an authorized user on an account and not a primary or joint user, you can request that the credit bureaus remove this negative notation from your credit history.
http://www.freecreditadvice.com/channels/removing_status.asp

Authorized users share all the effects of account notations with the primary account holder-bad as well as good. Every piece of information on your credit report is part of the historical record of credit-related activity included in a credit report, and therefore cannot normally be removed until the established reporting period has passed. However, in the case of being an authorized user on an account and not a primary or joint user, you can request that the credit bureaus remove this negative notation from your credit history.

The reason for this exception to the rule is that you were not legally financially able to control the account's handling and, therefore, not legally liable for the final outcome of the account's status.
http://www.consumerinfo.com/cb/juno/cm/channels/removing_status.asp

Why Is A Second Credit Card That My Spouse Requested For Me Showing Up On My Credit Report?
What happens if my (at the time) spouse signed up for a credit card and requested a second card for me? She signed the credit application, not me, but it is showing up in my credit report. Can I call the company or what do I need to do to get this off of my credit report?
From what you have said, it sounds like your now ex-wife may have innocently done what many spouses do for their partners--accept an offer when applying for a credit card to make you an authorized user and give you the extra card on the account. Parents, like spouses, may do this for their young adult children to help them establish some kind of credit card use.
Whatever her original reasoning, you can easily be removed from this account, either by having your ex-wife contact the creditor or by contacting the creditor yourself. Then, once you have received confirmation that you have been removed, simply dispute the authorized status information by contacting the bureau that sent you the credit report. This way, you should not have any new authorized user information being reported or have any old information from before you were removed.
You need not worry about your credit being affected by your status as an authorized user. Being an authorized user usually has very little effect on your credit rating--positive or negative. The reason for this is that an authorized user does not have the financial responsibility for the account like a primary user (your ex-wife, for instance). This special relationship to the account is noted on your credit report so present and future creditors can understand which debts you are actually responsible for repaying and which you are not.
Joint accounts, however, are another matter. Different from authorized user status, joint account holders bear an equal responsibility for debt repayment. Normally, to have someone listed as a joint account holder, that person must have signed a credit terms agreement form, such as a credit application that you might get in the mail. If you had been listed as wanting to apply for the account as a joint holder, and your ex-wife had signed your name for you, then she would have committed fraud in doing so. But it does not sound like this is the case in your situation.
http://www.creditmatters.com/cb/orcc/expert/marriage/1_010500.asp

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