Yes, but they will charge more for the new phone and extend the contract.
No unless the primary gives the secondary permission too
No. The secondary cardholder's credit history has nothing to do with the primary cardholder's. The reason for this is even if there are two cards, there is still only one account for both cards which the primary cardholder is responsible. Jags
Depends on what "Type" of Credit Holder you are. Here is how that will go: If you are what is known as an authorized user on the account. (i.e. - The Primary account holder has given you permission to make charges on the account), the answer is No. The primary account holder is responsible for any charges he/she has allowed you to make on the account. If you are a Secondary account holder (i.e. -your name was put on the account APPLICATION at the time the card was applied for), then your answer is YES. If the Primary account holder defaults on the account, then the credit card company will turn to try and collect from the Secondary account holder. BEWARE of becoming a secondary holder on anything that has to do with credit. If you know that the Primary holder may default, you could get stuck with a huge amount of debt on your hands, and if you can't pay, your nice credit score of 783 could very quickly go down the drain to 535 or lower.
The benefits of having a secondary card holder on a charge account are mostly to the secondary card holder. This person can use the account, but it is the primary person that must pay the bill. Having a secondary person on an account is helpful for providing a credit card in their own names to students and spouses.
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.
It can be considered an open account or a written contract.
Credit scores are kept separate, unless the account in default is a joint account. However, if you are a co-signer you will be contacted about the debt. If you are unable to pay or cannot negotiate a settlement. It will turn up on your credit report.
As long as you are on the mortgage it will show on your credit report and effect you credit no matter if you are the primary, secondary or co-signer
No, only the primary cardholder's credit score is affected.
the primary credit holder is the person who usually has the the better credit score or higher income. the secondary is on the loan too for the purpose of ownership. another scenario is when helping someone establish credit. the person looking to obtain credit will be the primary, the secondary would be the co-signor-helping guarantee that the creditor will be paid. In case of default on the loan, the secondary is next in line to pay it. Both people will have negative affects if not paid in a timely manner.
In all cases that I am aware of, the secondary account holder's purchases will show on primary card member's monthly statement. You can call the information number for the card issuer (usually on the back of the credit card) and ask how your purchases would be handled.
hey