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If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?
The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.
If a parent has a credit card debt appearing on a credit report and the child had a CC under the parent is the child responsible for paying for this debt as well?
Children can not be held liable or responsible for contracts of any type and also do not have any ability to get credit or have a credit rating. That is why their CC is in your name and why only you are responsible for paying their CC debt. All that is impacted here is your credit.AnswerIf the "child" is over the age of 18 and is a joint account holder and not simply an authorized user then they are responsible for the debt. Additional InformationIf the parent co-signed for the child's first credit card and now the child is emancipated. That account should be closedand a new account should be opened in the child's name alone. That is the only way to get the parent's name off the account.
Can I use my parent's credit card without them knowing if no money is taken off?
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Can you write off credit card interest on your taxes?
Is there a way to write off credit card interest on corparation credit card?
Are adult children responsible for credit card debt after their parents die?
No. The credit card companies will try to get you to pay off your parent's bills but you don't have it. It is all volunteer. I was glad to learn this since my mother is 81.
Are you responsible for your deceased parent's credit card debt?
If the estate has any assets, the estate should pay for the debt before anything is passed on to the heirs. If there are no assets the credit card company will just have to write it off. You are not held responsible unless you co-signed for the card.
Can you pay off someone else's credit card?
Yes, you can pay off someone else's credit card debt by making a payment directly to the credit card company on their behalf.
How do you get a pending transaction taken off a credit card?
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can u get a grant to pay off credit card dept?
can u get a grant to pay off credit card dept
How can I use a credit card to pay off a loan?
You can use a credit card to pay off a loan by transferring the loan balance to your credit card or using your credit card to make payments towards the loan. Be aware of any fees or interest rates associated with using a credit card for this purpose.
If you pay off a credit card balance is it bad your my credit report?
not always, depends on your credit situation. keep using and paying off your credit card every month to improve your credit score
When might someone see 'credit card 0 balance transfer' on their statement?
'Credit Card 0 Balance Transfer' would appear on your credit card statement if your credit card is paid off in full. This means that you do not have to transfer any money from your bank account to pay off your credit card balance.
