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Q: When I started college back in 2005, my mom added me as an authorized user to her credit card to help me establish a credit history and score. I have now graduated from college and am working full time. I am interested in opening my own credit card and removing myself as an authorized user on my mom’s credit card. What will happen to my credit score when I do this?
Here is one answer to this question. It should not be considered all-inclusive; however, it may shed some insight into the matter.
First of all, any time a person is removed as an authorized user on a credit card, that individual’s credit score will take a small “hit”. However, this is usually not very much. But, again, removal as an authorized user will have a slight negative impact on a credit score.
If the credit card account is in good standing, it’s best to remain as an authorized user on the account, as this is being reflected positively on your current history and score. This can be particularly important if this is the only entry or only one of a very few entries on your credit history. Removing something from an already brief history can have a fairly big impact on your score.