Things on my Credit Report that aren't mine.

[Uprock]

Will that hinder anything for me?

I pulled my report and my credit stuff is okay. I only have one 30 day late payment for my current car, and a another 30 day late payment on my first car's last payment, but that's it.

The issue:
When I was 18 or so, I opened up two accounts for my mom since she was going through a bankruptcy and had no means of getting certain things that she need for the house, ie)Computer, and Furniture. So like a good son I help her out and do that for her. She pays for the accounts herself, but the one for the computer has NUMEROUS 30 day, and one 60 day late payments. The furniture one as well has numerous 30 day late payments as well.

I'm hoping my BI will understand.

[RO56]

Will that hinder anything for me?

I pulled my report and my credit stuff is okay. I only have one 30 day late payment for my current car, and a another 30 day late payment on my first car's last payment, but that's it.

The issue:
When I was 18 or so, I opened up two accounts for my mom since she was going through a bankruptcy and had no means of getting certain things that she need for the house, ie)Computer, and Furniture. So like a good son I help her out and do that for her. She pays for the accounts herself, but the one for the computer has NUMEROUS 30 day, and one 60 day late payments. The furniture one as well has numerous 30 day late payments as well.

I'm hoping my BI will understand.

If you opened them up in YOUR name, then it doesn't matter if they were for your MOTHER or if SHE paid them - they are YOUR accounts and were YOUR responsibility to ensure that they were paid on time.

Point being, if the information accurately reflects the payment activities on the accounts and if you opened them in your name, its up to you to explain why it wasn't paid on time. Whether or not a BI buys it or not and/or whether or not in can contribute to a DQ is up to him/her.

How recent are the lates?

[Bearcat06]

I had two bad items on my credit report that I have been fighting to get off for over two years......based on the fact that I didn't open the accounts......

Feds told me to make them go away.....or I wouldn't get my job.....

Guess what I did.....? :rolleyes:

[Uprock]

If you opened them up in YOUR name, then it doesn't matter if they were for your MOTHER or if SHE paid them - they are YOUR accounts and were YOUR responsibility to ensure that they were paid on time.

Point being, if the information accurately reflects the payment activities on the accounts and if you opened them in your name, its up to you to explain why it wasn't paid on time. Whether or not a BI buys it or not and/or whether or not in can contribute to a DQ is up to him/her.

How recent are the lates?

Pretty recent, within the last year to be exact. I argued with her how she's irrisponsible, and that's it's MY credit of all things she's messing around with. I'm hoping my BI understands. Just goes to show how "weird" my family is. If I didn't have those things on there, I'd feel more positive about my report, but looking at all those lates is bothering me.

[RO56]

Pretty recent, within the last year to be exact. I argued with her how she's irrisponsible, and that's it's MY credit of all things she's messing around with. I'm hoping my BI understands. Just goes to show how "weird" my family is. If I didn't have those things on there, I'd feel more positive about my report, but looking at all those lates is bothering me.

Again, even if they were your Mom's goods, it is under your name. This means explaining may not be good enough - you may have to go the Bearcat06 route and "remedy" them.

[Uprock]

Again, even if they were your Mom's goods, it is under your name. This means explaining may not be good enough - you may have to go the Bearcat06 route and "remedy" them.

I was afraid of that :(

What was his remedy?

[Bearcat06]

I was afraid of that :(

What was his remedy?

I paid approximately $2500 for two credit cards that I never signed up for, never used, and never wanted.....and am still fighting over with the credit companies.....:rolleyes:

But as stated....The Feds told me that I had to get them taken care of or I was SOL in regards to my employment with them.....and I did get the job.....

Remember, if you want a job bad enough....sometimes you have to make sacrifices......even big ones......

[phantasm]

There's only 2 ways that items on your credit report aren't yours, and that's if you're a victim of fraud, or items that were put on the report in error. If you knowingly opened up a credit line with your credit for your mother, and she told you she'd make the payments, but failed to do so, that is still your responsiblity. Personally I wouldn't put my credit on the line for anyone (I say that now), but I can understand why you would do it for your mother, but now you've discovered why it's not a good idea.

[Bearcat06]

There's only 2 ways that items on your credit report aren't yours, and that's if you're a victim of fraud, or items that were put on the report in error.

Mine were in error the best that I can tell......but telling that to the credit companies......and trying to make it go away......then get it off your report is a entire different matter. :rolleyes:

I told the companies that if the stuff isn't taken care of in another month....I am going to sue them to remove it.

[Uprock]

There's only 2 ways that items on your credit report aren't yours, and that's if you're a victim of fraud, or items that were put on the report in error. If you knowingly opened up a credit line with your credit for your mother, and she told you she'd make the payments, but failed to do so, that is still your responsiblity. Personally I wouldn't put my credit on the line for anyone (I say that now), but I can understand why you would do it for your mother, but now you've discovered why it's not a good idea.

Yeah, it sucks now that I look at my report. Those two accounts look really bad. I was flipping out about it to her. I may have to force her to pay them out, but even then, it'll still appear on my credit report.

[mxwelch]

Remember, if you want a job bad enough....sometimes you have to make sacrifices......even big ones......

You're telling me. I might have to spend the summer at Parris Island.