Hi everyone, I'm 22 years old and I just recently started building credit since getting my first real job. I got my first credit card about 8 months ago and a second credit card 2 months ago. I was added as an authorized user to my parents credit card a couple months prior to getting my first credit card. Ever since then I have been monitoring my credit via Credit Karma, Discover's FICO score, and Chase Credit Journey.
However, I've seen some inconsistencies and since I'm an authorized user to my parents credit card, I found that my parents $9,000 credit card debt is bringing me down ~40 points. I was wondering if it worth staying an authorized user to their account, since I only use the card for gas. Is this wise? Should I remove myself as an authorized user in order to maintain my credit score? Or is this unnecessary?
Some more maybe necessary details: My credit history is only 8 months, vs my parents is about 10 years. I hope to apply for another credit card in the next 3 months for everyday spending. I will also be graduating as an RN next year, so I am preparing for some major financial changes.
Submitted October 15, 2019 at 08:44PM by yungnurse https://ift.tt/35D33p2
