Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Report
Profile Image

Question By
cheshirecat0666

0 Contributions
0 People Helped
starting to look at home loans!! help!!
my fiance and I are starting to look at homes and our options for home loand

I have 5 accounts listed as closed, and 3 current cards - 2 are mine, 1 my mother added me onto the card without knowing....i'm sure it's bring my score down since my other two cards don't have a high balance on them - as for the other cards that say closed - why are they still on my report? it's been years since they were closed!

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
3051 Contributions
2786 People Helped

Closed accounts can continue to report for 7 & 1/2 years from date they were paid or first went delinquent (if collection account), whichever is later.  Regarding the card your mom added you to, is that a good account or a negative account?  If it is negative, simply call the card and tell them to remove you as an authorized user.  If it is a good account, leave it alone, it is helping you.  You need to learn more about what builds up good credit and all the items that go into your credit score.  Visit www.credit.about.com and start reading.  It's a free site, no signup needed.  Best of luck to you both!

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.