I have credit scores in the mid 600’s. I have a few lates from 6 years ago, but the thing that’s hurting my score the most is I’m using 89% of my available credit…according to FICO.
So, my question is….I’m an authorized user on my wife’s Home Depot card. It has a $ 7,500 balance of the available $ 10,500 credit limit. But we’ve made perfect on time payments since 2013. Would my score benefit if she took me off as a user or would it be a wash, since we’ve made all of our payments on time over a 4 year period?