If a person's name is on a credit card does that mean she is responsible for the charges?
In general, whoever's name appears on the card will be the person responsible for the debt. This is the reason credit cards companies try hard to get a card holder to accept a card in a spouse's name. Thereby assuring payment from someone, one way or another. When you are married and live in a community property state, each spouse is obligated for any debt incurred regardless of who signed the contract. The exception is Wisconsin, which is considered a community property state, but has quite different debtor responsibililty statutes.
How much would it raise your credit scores if you were added as an authorized user on a credit card?
If you are an authorized user of another persons credit it has no effect on your credit at all. It will not raise nor lower your score. The credit card company simple issues you a card with your name on it and then holds the person who holds the credit with them responsible for any charges you make.
Can a credit card company bill a consumer for unauthorized charges if the credit card was improperly issued by the credit card company and the card was not activated and was stolen from the home?
If you sue someone for charges they make on your credit card do they have to pay you or the company?
Is an authorized credit card user responsible for credit card debt if the primary card holder declares bankruptcy?
Is an authorized user responsible for payments on Bank of America credit card even though they never used the card or had that card activated?
Authorized users are not responsible for repaying cc charges. Unless they are a spouse of the account holder and live in a community property state. I work at a credit card company and an authorized user is just someone who is able to make charges on the account. The primary cardholderand/or the joint cardholder would be the one responsible for the bill. The payment history may be reported to your credit bureau though. That does…
If your mother-in-law creates a credit card account for your wife when she was a minor is your wife responsible for the charges if she didn't use the card?
Can a credit card company hold an agent personally responsible for charges made on behalf of the principal on a company credit card?
The only way is if you signed an agreement to be responsible for the card. The card agreement was first signed by an officer of the company and then added you as a authorized user. But they can't hold you responsible for any of the debt unless fraud is envolved and then you don't need to worry about the card company you will have much bigger problems.
Possibly. If the business refuses to authorize the charges, the card user could be held responsible. If the card user signed an agreement of accountability, he will definitely be held responsible. Your best course of action is to try to work with the business who contracted the card to resolve this.
When i make a reservation on priceline.com do i have to pay the whole amount on the credit card or use the credit card to hold the room?
If a credit card is used by an individual authorized to use the account and that person was not aware the primary acct holder was deceased when the card was used, the card company will probably include the charges in the final bill submitted to the estate rep. If death was known they will hold the authorised user responsible for the charges. If the user was not authorized and knew about the death of the…
Is a joint credit card account holder responsible for the entire debt when the other account holder dies?
If your mother had 15000 in credit card debt and you were an authorized user and she passed away and you were charged 1400 by the credit card company are you responsible for paying that amount?
That is your card and you can share it with who you like. Be prepared if things don't work out well though. If you allow someone else to use your credit card you will be held personally responsible for any charges they make to your account. If they refuse to pay then you must pay for their purchases. If you can't pay your own credit will be ruined.
If surviving spouse is insolvent is she responsible for credit card debt in Arizona a communty property state if her name was not on credit card and she never used credit card?
Were these Charges MADE after the Death of the Card Holder? - if Not - then the answer is NO -- NO -- NO ....Why then do most trustors pay off? Its a step in "wrapping Up" someones affairs - the paying off of Credit Cards and other debts - The "good old soul.. his word was his bond would have wanted it that way! Lets get it clear - Credit Card charges made by…
Can you be responsible for the primary user credit card charges even when you were removed from being an authorized user?
If your husband has credit card debt but dasn't have any savings accounts would you be responsible for them if he died?
If a credit card holder dies and authorized user is not responsible for the bill can the authorized user's credit be damaged for not paying the bill for which they are not responsible?
It depends on the fine print. If the credit card company determines that you received benefit from the use of the card, you can be held responsible for the charges. If the estate of the deceased has resources the card should have been paid off and terminated upon the death of the holder. Any use use of the card after the death of the cardholder most likely constitutes fraud, especially if the subsequent user did…
Either call your credit card company or go on the internet to your credit card website and register your card for on line services and get access to your account details. Go to the website for the bank issuing the card (such as Chase). Login to your account and scroll through your current charges. If there are inaccurate charges listed, you'll want to call the toll-free number on the back of your card to speak…
I'm not sure about your particular case, but I know that unlike consumers, retailers are generally liable for check/credit card fraud. I know of a particular case where Home Depot took the loss for an unauthorized $3,000 credit charge for a generator purchased in person with a stolen credit card. There's more info for merchants on this website: merchantaccountadvisor
That means you agree to be completely responsible for paying the balance of the account if the primary card holder defaults on the payments. You may not know if the primary card holder is not paying the monthly bill and your credit record will be affected if the payments are late. You should be very careful about co-signing for a credit card and make absolutely sure you understand your liability if the charges are not…