If you are an authorized user on a credit card and the holder files bankruptcy are you responsible for their balance?
No, authorized users are not responsible for debt incurred on such an account.
Is an authorized credit card user responsible for credit card debt if the primary card holder declares bankruptcy?
Is a person who is only listed as an authorized user on a credit card but never used it liable for the debt if the primary holder files bankruptcy?
If you are an authorized user on your husbands credit cards and you are getting a divorce can you be sued for the balance if he is incarcerated?
In NY state are you responsible for credit debt when your father or mother pass away even if you are an authorized user?
In Rhode Island is the wife responsible for her husband's credit card if she is an authorized user of the credit card?
Will removing an authorized account that has a high balance raise the fico score of the authorized user?
It depends. Does the high balance put the consumer into a position of too much credit? Does this single high balance cause the consumer to have outstanding $100,000 in credit card debt? Or does the amount merely allow for the consumer to show that they can be responsible with making regular payments (with this account being the only debt owed.)