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Can adding a second card holder to your credit account affect your credit score?
Not if you are responsible for all of the loans or credit card payments on your credit report. But, if the second card holder is responsible for any payments on your cards, and doesn't make them, then it can cause your score to lower.
If you have a credit card can you get one for someone as a second card holder who has no credit and cannot get any and will that help their credit?
no-- they are just a second card holder (user). you can add someone without their signature-- therefore the place has no information on them so how could it help them. And beware --- they may not pay it back.
Is an authorized credit card user responsible for credit card debt if the primary card holder declares bankruptcy?
No. The card holder is responsible for all debt on the credit they extended to him. (You may be responsible to the credit card holder for the debt he incurred for you, if that was your agreement).
Is an additional credit card holder liable for the whole debt on the credit card account?
ia an additional credit card holder liable for the whole debt of the credit card account
Is the second card hold responsible for bill?
if you mean credit card, it is the responsibility of the PRIME (meaning the person in whose name the card is under) card holder, so it is only ethical that the second card holder pays their own charges,
Your husband wants to put you as a second cardholder on his credit card you have a bad credit score as you were in debt a few years ago Will you be able to be the second card holder?
Yes because he is responsible for the debt, not you.
What information do you need to give to the credit card company to add an authorized user?
Usually all you need is the person's name and their relationship to the account holder. Credit Card issuers have different criteria for adding an authorized person or a second card holder.
Can a green card holder be deported for credit card fraud?
A green card holder can be deported for any felony.
What does APR represent to a credit card holder?
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Does interest accrue on credit card debt after card holder is deceased?
Interest does not accrue on credit card debt after the card holder is deceased. It can occur however, if the spouse is on the account.
Can a green card holder receive loans?
A green card holder can receive loans. Those with a green card are able to apply for mortgages, and student loans for example.
If authorized user on credit card claims bankruptcy will it hurt primary card holder's credit?
No, presuming the credit card holder makes all the payments he is supposed to...the user is not liable for the debt on the card, and it is not part of his BK.
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