0
Can you report your significant other for credit card fraud if you gave him your credit card and he used it for purchases other than the one you agreed on?
Wiki User
∙ 17y ago
No. The card holder voluntarily allowed another person to use the card therefore neither fraud or indentify theft has been committed. The only option would be for the card holder to sue the person who made the unauthorized charges. The best choice would be in small claims court, as it is a relative simple and inexpensive procedure.
Wiki User
∙ 17y ago
Add your answer:
Earn +20 pts
How long will a foreclosure be on your credit report and how will it effect your credit score?
A foreclosure can stay on your credit report for over ten years. It will have a significant and negative impact on your score.
Are there websites for an instant credit report?
correct. there are websites which may lead to bonuses which may give out instant credit report after a certain factor is met. this may include survey, purchases etc.
Does cosigning a loan go on your credit report if the loan is in good standing?
Your cosigner's credit report should also reflect the loan. In this case, it should show as paid on time as agreed.
Will my credit report be effected by purchases made during my identity theft crisis?
Yes, I am sorry to say that your credit report will be effected by purchases made during an identity theft. You can however, consult with your credit agency to get those negative reports removed. You will need proof that you had an incident with identity theft to do so. If you had a lawyer invovled with this issue then he/she should be able to handle that issue for you.
How To Understand Your Credit Report?
If you want to save money on your large purchases, you should strive to maintain a good credit report. Your credit report gives lenders the information they need to determine whether or not to approve your loan. When you buy a house, car or any other significant purchase, you can save several hundreds or even thousands of dollars by maintaining a good credit score. You can order your credit report online at no charge once a year. If you have been turned down for a credit application, you can also request your credit report at no charge. The name of the three credit reporting agencies are Experian, TransUnion and Equifax. There are online credit report agencies that will charge you a fee for your credit report. Make it a habit to check your credit report each year. Credit reporting agencies use your legal name, address, date of birth and social security number to identify you. Your credit report will list other names you may have if you are a female who has been married and divorced a few times. You will also find the addresses where you have lived previously. Be sure the information is factual because errors can occur. If you find an error on your credit report you should write the credit reporting agency immediately. You will find on your credit report a list of your credit accounts. The lender will report the date you opened the account, balance information and your payment history. The three credit report agencies vary slightly in their formats. Check your credit account information carefully for accuracy. Your credit report will also list companies that have inquired about your credit. Examples of these would include lenders, credit card companies and others. If you have any collection items or public record information such as bankruptcies, judgments or liens, then this information will also be included on your credit report. Take the time to order your credit report and take steps to improve your credit. Improving your credit will save you money on your large purchases. Make sure your credit report is accurate and monitor it at least once a year.
How will voluntary repossession of my home in Texas affect my credit?
The effect on your credit will depend on how the lender chooses to report it to the credit bureau. Sometimes a lender will be willing to report it 'paid as agreed' or 'settled' entry on the credit report rather than an actual repossession. If it is reported as an actual repossession or foreclosure it will be on your credit for seven years and negatively effect your rating.
How often should you get your credit report?
This is really a personal decision, but it makes sense to check your credit report prior to making a large purchase that you intend to finance. For example, buying a car or a home, are examples of big purchases in which you would want to check your credit well in advance of the purchase to make sure you have good credit.
How does a vehicle repossession affect your credit if everything else in your credit report is good?
Absolutely. Repossession, whether voluntary or involuntary, show on your credit report as a charged off account. This designation is similar to a collection account and shows that you did not repay the vehicle loan. Such a listing in your credit report would have a significant negative impact.
What is the purpose of TrustedID?
TrustedID is used to help protect your credit and helps against identity theft. They will track purchases to make sure you are the one using you card and/or credit when unusual activity shows up on your credit report.
What is the use of the credit report government?
"The use of the credit report government is to determine whether or not an individual or a couple of individuals are capable of affording something that they are wishing to buy. This is normally used for big purchases such as a house, car, or other form of life altering purchase."
Can your credit be damaged by paying less than what is due on time?
Absolutely. It won't be hurt as badly as not paying, but your credit report usually shows a status that reads "pays as agreed." If you're paying less than the minimum amount due each month, you're not paying as agreed and your credit can get dinged.
How long does a credit inquiry stay on your credit report?
A credit inquiry typically stays on your credit report for two years. However, its impact on your credit score diminishes over time, and it usually does not have a significant effect after the first year.
