hell no
revenue accounts increase by credit
A Credit entry reduces Accounts Receivable
debit and credit
Accounts Payable is a Liability and therefore its normal balance is a Credit on the Balance Sheet
Accounts payable is a liability account and all liability accounts have credit balance as normal balance so accounts payable is also credit as a normal balance
None, cause credit card companies are getting away from co-signers and joint accounts and having authorized shoppers instead. By having only authorized shoppers the full responsibility of the credit card is the Primary card holder.
No, the credit score of the authorized user will not affect the main cardholders credit score but the authorized users score can be affected as you can see creditcardideas.com/blog/adding-an-authorized-user-to-increase-credit-scores
Your wife, as an authorized user, is not liable for those debts. Have your wife's name removed from the accounts. Wait at least 30 days and then she can try disputing those tradelines with the credit bureaus.
The three types of accounts on a consumer credit report are installment accounts, revolving credit and open accounts. Credit cards are considered revolving accounts.
No, you can get bad credit only if you have a joint (co-signed or authorized user) on the bad person credit card. Keep your accounts separate. If you want to buy a house a lender may require both credits and that is when it would affect you.
he would have to pay to because the acconts is in his name
No, credit card accounts are not transferrable. It might be possible for the person to become a joint account holder, but that would depend upon the card issuer's lending policy.
revenue accounts increase by credit
Being an authorized user no longer has an impact on your credit score like it used to. In the past, you were able to be added as an authorized user on a credit card, and all of the credit history and credit limit would be reported on your credit report as if it was your credit effectively obtaining unearned credit for the authorized individual. A few years ago the credit reporting industry changed, and no longer recognize an authorized user as credit responsible and therefore it has little to no impact on your credit score. If you would like to obtain credit from this card, contact the card issuer and request to be added as a joint user. If you are jointly responsible for the credit, it will report to the bureaus and impact your score. Approval is still required, but it is typically easier to be approved when you are already and authorized user on a card.
No, having her listed as an authorized user will have no impact on your credit score.
A Credit entry reduces Accounts Receivable
No, only the owner and authorized users of the credit card will be reported on the credit card company to the credit agencies. If your husband is an authorized user on the credit card then it will show up on his credit report.