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LearningSomethingNew

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how does being an authorized user on my parents credit card help or hurt my score
I am a recent college graduate, May, intern to employee at same place,
so 1 yr here. I have a 2 yr old car loan in my own name, a 3 yr old
jewelry store account, that was pd in full 4-5 mos after the purchase,
and then I believe closed by the merchant after 18 months of no use,
stating closed by customer(u agree at opening). I have a Best Buy
account that is 6 months old, but I returned the item I purchased
shortly after Christmas. I recently opened a furniture store account
to purchase a bed after graduating.
I am an authorized user on about 4 accounts of my parents credit cards.
Does the longeviety of these accounts help my credit score? All
payments on these accounts have been timely for the last few recent
years, may have been something late, at some point, but nothing in
recent memory. Some of these cards could be as old as almost 30 years,
and on the short end maybe only open 7-8 years. The only negative is 2
of the 4 have larger balances, and larger utilization ratios. Would
this negatively affect my credit score? Trying to decide if I/we should
remove me as the authorized user from any or all of these in order to
increase my score. Any knowledge, advise or prior personal
story/example of relevance or help is greatly appreciated.

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Top Contributor
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They would definitely be helping the average age of your accounts. It depends on how high the utilization rate is, if any of the cards are close to max utilization just remove your name from those ones and keep your name on the accounts with lower utilization. Any cards with a utilization rate higher than 60%, I would probably bail. You could always get added back on too, if it doesn't help your score by being removed or if the utilization comes down.

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