I’m a minor turning 18 in a couple months my mom has me as an authorized user on a TJ Maxx credit card with a 3,000$ limit and 2,000$ utilization. She says she’s paying the minimum on time but the 2,000$ utilization scares me. How is this going to affect my credit score when I turn 18?

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Jackson33USMC t1_j6lr2na wrote on January 31, 2023 at 5:33 AM

Just call the credit bureau and they will take it off for you. I did the same thing.

However; if she has 0 utilization by the time you turn 18 the length of credit will be beneficial. You can take it off anytime and it won’t effect your credit score. I took my parents off mine after almost 3 years and credit score went up the next week dramatically.

BouncyEgg t1_j6lr490 wrote on January 31, 2023 at 5:33 AM

You can have AU listings removed from your credit report fairly easily so I really would not worry about this too much.

Dollar amount of utilization matters less than the utilization expressed in % of available credit.

And the bigger factors are going to be history of on time payments.

So, again, I wouldn't worry.

BlazinAzn38 t1_j6lr5ew wrote on January 31, 2023 at 5:33 AM

If she did it with good intent and the history on them is good then your credit is probably excellent.

elena20054 OP t1_j6lrbr0 wrote on January 31, 2023 at 5:35 AM

She did but she hasn’t had the best history with money so I guess we’ll see when I’m 18 if it was beneficial

CookieAdventure t1_j6lrrxh wrote on January 31, 2023 at 5:40 AM

As soon as you turn 18, get a copy of your credit report. I’m hoping mom hasn’t done more than add you as an authorized user.

ahj3939 t1_j6lu2fh wrote on January 31, 2023 at 6:05 AM

How is the utilization on the other accounts? If it's better maybe just get your self removed from the high utilization account and stay on the others.

FWF_scripta t1_j6m3srb wrote on January 31, 2023 at 8:06 AM

You didn't mention the limit and utilization on the other 2 cards. 2K utilization on 3K limit is high and may or may not have a negative impact on your score. Get your report and score, and if it's not good enough and this is the only account with a high balance, just ask her to remove you as AU from this card while keeping the others.

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Full_Prune7491 t1_j6ltngg wrote on January 31, 2023 at 6:00 AM

I added my son to my CC so he can build his credit. I pay off the balance every month. He benefits from my credit line and my payment history. Your mom is a sinking ship and you just chained yourself to her. I would try to reverse it if possible. No credit is better than bad credit.