No - but - he will be liable for all transactions on the account, even if it's you that's making the purchases.
16 in a credit union
yes. like having a CIBC account in Canada can help you to get a credit card from Bank of America, what you have to do is to open an account in Bank of America and transfer your paychecks for deposite directly into your bank account.
A credit account
As long as you have a PayPal account or a credit card that can be used, then sure! =D In Short "NO"
An account is no longer reported after a period of 7 years of inactivity in the USA; 6 years in Canada.
There are two main differences that stand out between a Debit Account and a Credit Account, those are;A Debit Account always maintains a Debit Balance, meaning the account increases with a Debit to that account and decreases with a Credit to that account. These are generally Asset Accounts.A Credit Account is just the opposite, A Credit Account maintains a Credit Balance, meaning that the account increases with a Credit and decreases with a Debit, these accounts are usually used for Liabilities and Owners Equity (Stockholders Equity).
It increases the credit account
A chequing bank account can be opened without a credit check at almost every major bank. This includes Toronto Dominion Canada Trust, Bank of Montreal, CIBC, and any others.
Any credit is an increase to an account. A debit is a decrease to the account.
what is a chekcing account at a credit union
Yes, if the account type is considered a line of credit it will be calculated into your revolving account balance on your credit report.
A credit card account comes with a credit card, which can be used to authorize purchases of any value. The checking account does not come with a credit card and is used for issuing checks.