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Yes, a second credit card holder has his/her credit card also but of course, they are just under the primary card holder.
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∙ 13y ago
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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 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
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.
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 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 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,
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 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).
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 secondary card holder remove himself from an account leaving only the primary card holder's name?
Usually, a new card is issued in the primary card holder's name. Usually both parties on a credit card have to sign off to eliminate the secondary card holder. Your credit card holder can help you with this.
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.
Can an authorized user of a credit card increase credit limit without knowledge of card holder?
Short answer:It depends on the bank. Most likely though, no. Long answer:It depends on the bank and if the person asking the credit limit increase is a primary card holder. Most banks or credit card companies won't allow a secondary card holder to increase the credit limit. I just called and checked. The bank my credit card was associated with was MBNA.I am a secondary card holder (my name is on the card, but the primary responsibility to the account is under someone else's name).They told me the primary card holder needs to call in to modify the credit limit.So in my case, the answer is no. An authorized user of the card cannot increase the credit limit without the knowledge of the primary card holder.
What does APR represent to a credit card holder?
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