What happens if you remove an authorized user from a credit card?

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A joint credit card account can have a big positive impact on both people’s credit scores. But how does removing an authorized user from a credit card account affect that person’s credit score?

Does removing an authorized user hurt their credit score?
Does removing an authorized user hurt their credit score?

Key Takeaways

1. Removing an authorized user from a credit card account can be done by calling the credit card issuer.

2. If the primary card holder has died, as the executor of the estate, you will also need to present a death certificate to cancel a card.

3. A card issuer will only cancel a card if the cardholder has not used it in the last 6 months.

4. Even if the authorized user is no longer using the card, a card issuer can issue a new card to the account holder.

How to remove an authorized user

If you’ve added someone as an authorized user on one of your credit card accounts, you may want to remove them. Fortunately, doing so won’t hurt their credit score, but there are a few things you can do to make sure they maintain their own good credit.

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When you make someone an authorized user on one of your credit card accounts, you are making them responsible for paying off that debt. This makes them a co-borrower, and can affect their credit score.

If they are trying to purchase a car or other big item, the lender will likely check both of your credit reports. If they see that that person is a co-borrower on one of your accounts, they could decide to make the loan official. This means that that person would then be legally responsible for the debt.

In order to prevent having your credit affected, you should remove that person as an authorized user on your credit card account. First, contact them to make sure that they would be willing to close the account. Then, call your credit card company and ask them to remove the person as an authorized user.

You may need to provide paperwork to prove that you are the sole owner of the account. The credit card company may want proof that you are financially independent from this person. If you’ve been living with your partner or fiancee, they may need your marriage certificate or other paperwork to prove that you are financially independent.

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How to remove an authorized user without harming their credit

When you ask someone to be an authorized user on your credit card, you are basically asking them to increase your line of credit. This will help them in their time of need, but how does it affect my credit?

Adding an authorized user to your credit card can be a great thing for their credit. They will become responsible for making payments on the account. If they regularly make on-time credit card payments, their credit score will go up.

However, if your authorized user is behind on their payments, it will be reflected on your credit history. This can negatively affect your credit score because having a balance on your account is considered bad financial behavior.

Removing an authorized user from your account will not affect their credit score. Their account will no longer be reflected on your credit history, either. This will not cause their credit to plummet.

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What happens if you remove an authorized user from a credit card?

An authorized user is someone who uses the credit of another person. Often, children are given their parents’ credit cards. If the child makes payments on the card, their credit score will increase. However, if the child is not making payments, their credit score will not change.When a credit card company reports positive information to a reporting agency, it has a positive effect, or positive “weight.” For example, if you pay all of your bills on time, your interest rate will be low, which reflects positively on your credit.On the other hand, if you have a late payment, this too will be reported on your credit report. And if you have too many late or missed payments, this will have a negative impact on your credit score.Removing an authorized user will not negatively impact their credit score.

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