Around 4 years ago I went through a period of financial hardship, my credit got destroyed (I was too scared to look at it for years), lost hundreds of thousands of dollars, and went into debt with multiple delinquent accounts totaling around $25,000, etc.
It sent me into a depression for years and I just felt so defeated and stupid that I never did anything about it.
Finally the last few months I've gained this massive motivation to completely re-work on my personal finance/improve my credit/etc.
All my credit cards were since closed out and I've just been using debit/cash since then with direct deposit from my employer.
When I look at my credit report now, the score is around 670 (better than I thought it would be) and one of the major "good factors" is Card usage which shows only one single account that is over 20 years old.
Now the weird part that shows as the only open account:
Its from JP Morgan Chase Bank Card Services (shows as Credit Card) Total balance: $0 Total limit: $12,500 Account utilization: 0% - Excellent Account status: Current Date opened: Jan 28, 2002 Account type: Revolving Account number: xxxxxxxxx (then shows the last 4 digits) Responsibility: Undesignated Last reported on Jul 21, 2022 It shows a $0 balance and perfect on-time payment history as far back as back (Jan 2020)
Here's what has me REALLY confused.....it says "Date opened: Jan 28, 2002".....I was around 13-14 back then and certainly never had a credit card.
I have no other info except contact info (address and phone number which goes to Chase).
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- The fact this is on my record report means it must be attached to my social security number, right?
- Could one of my parents (my dad passed away 12 years ago) perhaps have maybe opened the card back in 2002 and then added me as an authorized user? I notice the responsibility says "Undesignated" where all the other ones I had showed "Individual"
This is the only case I can think of.
- For it to show on my credit as being 20+ years old does that mean I had to be added as an authorized user back in 2002? Or if it I was added later would it show the entire history?
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Now the question is....what do I do?
I tried going on the Chase site and doing forgot user, but no idea what my email would be or the "Security code".
I heard you can try getting these removed, but that seems like a bad idea since its basically one of the only few things propping my credit score up.
Anyone have any suggestions? Does my theory sound right and if so, what would you do?
Submitted August 20, 2022 at 11:36PM by TheDon2016 https://ift.tt/j3q1KLE
