SubhamS2611
TF Buzz
Hi Guys,
I need some suggestions. My brother took an add-on credit card under my name but didn’t pay his bill on time, resulting in 27 late payments. Eventually, he settled the outstanding amount through a settlement. Later, I realized I was listed as an authorized user on that card, and now those late payments are showing up on my credit profile.
It has been three years since the credit card was closed, but I am still facing rejections due to this issue. Now, I’m planning to apply for a home loan, but I’m worried that these late payments will negatively impact my interest rate, potentially leading to higher costs.
P.S. I have always made 100% on-time payments on my other accounts, but this one issue is still affecting me.
Could you please advise on how I can remove this credit card record from my profile or secure the lowest possible home loan rate despite this issue?
I need some suggestions. My brother took an add-on credit card under my name but didn’t pay his bill on time, resulting in 27 late payments. Eventually, he settled the outstanding amount through a settlement. Later, I realized I was listed as an authorized user on that card, and now those late payments are showing up on my credit profile.
It has been three years since the credit card was closed, but I am still facing rejections due to this issue. Now, I’m planning to apply for a home loan, but I’m worried that these late payments will negatively impact my interest rate, potentially leading to higher costs.
P.S. I have always made 100% on-time payments on my other accounts, but this one issue is still affecting me.
Could you please advise on how I can remove this credit card record from my profile or secure the lowest possible home loan rate despite this issue?
Attachments
