daughter"s credit report link to father"s account

tamtam101

My husband added our daughter"s name to one of his credit cards and gave her a card when she started college. When she finish and got a job, she gave the card back to him, and nothing on her card was ever charged on it after that. It has been a mimium of five years since that card have been used. My husband had major surgery on December, 2005. He was in hospital for seven months before passing. Durning that time I was unable to pay credit card bills because his salary was the one that paid most of the bills. I could only manage to keep bill related to the house. He was self-employed. To get to the point. the accounts was closed for lack of payment. My daughter went to buy a car. She knows her credit is fine.They pull her credit report. Yea, The card that had her name on it shows up on her report. Knocked her score in the cellar. Can we do anything about this, It was his account and I know I don't have to pay it, but how will this affect my daughter"s credit if we cant' fix it. Need help fast because car is on last leg.

chani1

hi the only thing i could suggest is you go on equifax website download her credit file and she will see just how bad it has affected her you can also dispute this and explain the situation also while the "adverse debt" is in dispute there is a note placed on your credit file for creditors to see and make an informed desision. Hope this helps.

tamtam101

Yes it helps. Just to know that a note is placed on the credit file for creditors to see makes a big difference. Thank you, GREAT ONE.

jonnyb

check out this link :
http://www.experian.co.uk/consumer/index.html

in the downloads section there is a financial disassociation form which might be useful.

also look at the section for QUESTIONS, REFUSED CREDIT, IMPROVING YOUR CREDIT REPORT.

jamesd

tamtam101, see Experian's discussion of financial disassociation. Your daughter should have no problem getting the old asssociation removed, so long as she was not jointly liable for the account balance.

If she was jointly liable, attempting to remove herself may trigger debt collection efforts against her. This shouldn't apply if she was actually removed as a joint card holder before the debt was incurred, but it might if the card issuer was never told to remove her.