0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
How do you drop an authorized user from your account?
You can call the lender and close that authorized user account. It no longer affects their credit anyway so there is no damage.
You are an authorized user of a business card account are you liable as an authorized user?
No, authorized users are not responsible for an account. Only the actual account holder is responsible for all debt that is incurred.
Can you be responsible for the primary user credit card charges even when you were removed from being an authorized user?
If you were only an authorized user and not a joint account holder, you should never be responsible for the primary account holder's debt.
In Illinois can a bank account be frozen if the person who filed bankruptcy is only an authorized signer or secondary user?
If they are only an authorized signer then the bank account will not be touched. If they are listed on the account as a user, it could be frozen at any time.
Can an authorized user remove the primary user and become the primary user?
Absolutely not. Most banks don't even allow the authorized user to get basic info from the account, such as balance or recent transactions.
How do I remove myself as an authorized user on a credit card?
Contact the credit card company. Usually they will close that account completely and move to a new card for the remaining member.
Can an account that has an authorized signatory be transferred to that person even though the account was initially in the other person's name?
No. The authorized user/signer will have to apply for an account using their own credit history.
If you are a authorized user on a credit card and the primary holder is not paying the bill can the authorized user be held responsible?
No. Authorized Users are NOT liable for the debt, only the PRIMARY on the account is liable.
Why does your ex still see your credit items on her credit report?
The ex could have been an authorized user on the account or a co-borrower. If you are the primary user and the ex was only an authorized user, you can call and have them removed.
If a person has been added as an authorized user in the past on a credit card and the primary card holder has requested they be removed as an authorized user will the account discontinue being reporte?
Yes
If you are an authorized user on a credit card and the holder files bankruptcy are you responsible for their balance?
No, authorized users are not responsible for debt incurred on such an account.
If the primary card holder gives a friend a secondary card to use is the secondary user responsible for the dept or is the primary card holder solely responsible?
It depends if the secondary card holder is a "Joint Account Member" or a "Authorized User". The joint account member is responsible for the balance, the authorized user is not.
