Authorized User accounts that retain aging when terminated

The account will no longer appear on your credit report, and its activity will not be factored into your credit scores. That also means that your length of credit history, which constitutes 15% of your FICO® Score, will be affected. In other words, if the credit card you were attached to was the oldest account on your report, your credit history will be shorter without it.

aj2121 wrote: ↑Tue Aug 10, 2021 8:37 am The above is a blanket statement and leads many to believe that removing yourself as an AU will absolutely affect aging metrics. It has been my experience, however, that there are banks that will report the AU account as a closed card and allow you to retain the aging benefits. In my experience both Discover and Synchrony report as a closed account. And I should have a DP for Citi soon. Does anyone know of any other cards that will report as closed when the AU is terminated?

Birdman wrote: ↑Wed Aug 11, 2021 8:25 am This is normal. Whenever you terminate someone’s authority as an authorized user, the FI is supposed to mark it terminated and you are supposed to retain the aging and payment history benefits.

Birdman wrote: ↑Wed Aug 11, 2021 8:25 am This is normal. Whenever you terminate someone’s authority as an authorized user, the FI is supposed to mark it terminated and you are supposed to retain the aging and payment history benefits. Now you do have the ability to dispute it off if there’s something negative there, but some people request to have it deleted from the FI unnecessarily.

aj2121 wrote: ↑Thu Aug 12, 2021 9:23 am

Birdman wrote: ↑Wed Aug 11, 2021 8:25 am This is normal. Whenever you terminate someone’s authority as an authorized user, the FI is supposed to mark it terminated and you are supposed to retain the aging and payment history benefits. Now you do have the ability to dispute it off if there’s something negative there, but some people request to have it deleted from the FI unnecessarily.

So it could be a legitimate strategy to be added to older AU cards, even if they have high utilization, and then be removed to retain the aging benefits without the negatives of high utilization or the added stress of managing an AU account while practicing AZEO. Are there any potential downsides to doing so?

BrutalBodyShots wrote: ↑Fri Sep 17, 2021 11:27 am Just to clarify, was this your only AU account, or do you have another still present?

aj2121 wrote: ↑Fri Sep 17, 2021 8:34 am So interesting development. Today the terminated AU account was removed completely my Experian report. My AAoA dropped from 3y11mo to 3y10mo. And, weirdly, my EX8 score increased by 4 points. I have triple checked all of the data and nothing else changed, no utilization changes, no balance changes, no inquiries that fell off or hit the 1 year mark, no other accounts removed. The only thing is the removal of one terminated AU account. Any ideas on what caused the score increase? Or anything that I am not thinking of that I should check out on my report? EDIT: The "New Account" negative reason code disappeared today. Even though aging should take effect on the first of the month; I checked my opening dates for my newest revolving and installment accounts. Newest revolving was opened 4/19 and newest installment was opened 5/27.

aj2121 wrote: ↑Fri Sep 17, 2021 8:34 am So interesting development. Today the terminated AU account was removed completely my Experian report. My AAoA dropped from 3y11mo to 3y10mo. And, weirdly, my EX8 score increased by 4 points. I have triple checked all of the data and nothing else changed, no utilization changes, no balance changes, no inquiries that fell off or hit the 1 year mark, no other accounts removed. The only thing is the removal of one terminated AU account. Any ideas on what caused the score increase? Or anything that I am not thinking of that I should check out on my report? EDIT: The "New Account" negative reason code disappeared today. Even though aging should take effect on the first of the month; I checked my opening dates for my newest revolving and installment accounts. Newest revolving was opened 4/19 and newest installment was opened 5/27.