Adding Tradelines and Authorized Users to Credit Report Can Land You in Court if You Sell Credit Repair

Here is an important lesson for any company or person that is selling any service that uses added authorized users or tradelines to a consumer credit report in order to improve the credit score. The information below comes directly from the case filed by the Federal Trade Commission and to make sure people don’t feel … Read more

The Primary Card Holder Died and We Kept Using the Card as Authorized Users. – Craig

“Dear Steve, My wife’s mother died in 2006. My wife is an authorized user on one of her mother’s credit cards. We did not notify the credit card company of my wife’s mother’s death in 2006. We simply assumed the debt on the card, took over making payments on the card as agreed, and have … Read more

I Got Into Trouble With a Bill Me Later Account. – Anita

“Dear Steve, MY UNCLE HAD AN ACCOUNT WITH BILL ME LATER FOR MANY YEARS. HE RECENTLY PASSED AWAY AND THIS ACCOUNT WAS STILL USED. I HAD MADE PAYMENTS ON IT REGULARLY. THEN BML CANCELLED THE ACCOUNT AND I AM RECEIVING LETTERS FROM SIMM ASSOCIATES ADDRESS TO MY UNCLES ESTATE. CREDIT LINE WAS INCREASED PERIODICALLY FROM … Read more

Credit Report Shows Me as an Authorized User on a Credit Card. – Kelly

“Dear Steve, I have a relative that added my name to their credit card as an authorized person who can sign. The card is not in my name, no credit check was run, I am only listed as an authorized person who can sign if need be. However, I have now noticed that the credit … Read more

My Husband Added Me as an Authorized User But I Want Off the Credit Cards. – Sandy

“Dear Steve, I have paid off $10,000 worth of credit cards for my husband in 2010 and then he has decided he wanted different credit cards and has added me as authorized user. I want to take my name off of these credit cards (received within the last year). He has a credit score of … Read more

I’m Paying Off My Ex-Husbands Credit Card But Only an Authorized User. – Clarissa

“Dear Steve, Credit card in husband name only, but I was a authorized user. On my divorce decree I am responsible for my ex-husbands credit card(that is in his name only,but I was an authorize user) I recently found out that the credit card number in the divorce decree that he gave was closed. What … Read more

If I Take My Wife Off as an Authorized User Will My Bad Credit Stop Showing on Her Credit Report? – Wade

“Dear Steve, To much unsecured debt and have never had a ding until this year.. i am 51.. along with a first and second mortgage i would like to know if I go into a charge off state with a few of the unsecured creditors will this effect my Wife’s credit if she’s an authorized … Read more

My Daughter Was an Authorized User and Ran Up My Debt. I Have Cash to Settle. – Sharon

“Dear Steve, 23K on credit card debt. I am retired and do not make enough to pay these credit card bills any longer. I let my daughter be an authorized user on 2 credit cards. She and her husband both lost their jobs and just recently broke up. I have been able to make the … Read more

How do I remove myself as an authorized user? – Vanessa

My husband and I have been married for 14 years. In March 2010, he suffered at traumatic brain injury and is now severely disabled living in a nursing home. I serve as his guardian. I am an authorized user on his credit cards. To date, I have been paying them down, but I am concerned … Read more

I’m an Authorized User on a Credit Card. Do I Have a Responsibility to Repay? – Florence

“Dear Steve, I lived with a person for 5 years and he stopped paying his bills – including mortgages, credit cards etc – probably filing for bankrupcy. The collectors are after him to the tune of $300,000. I had all my own bills and have stayed good with them. I have since moved out. There … Read more