answersLogoWhite

0


Best Answer

An authorized user does not fulfill the definition of "debtor" under the Fair Credit Reporting Act. AU's are not liable for any debt they have not signed a contractual agreement for.

If the AU is the heir of a deceased person, the deceased's estate or heirs MAY have liability for their debts. This would depend upon (their state's) inheritance laws and the terms of the will.

User Avatar

Wiki User

โˆ™ 2015-07-16 18:10:41
This answer is:
User Avatar
Study guides

The law is derived from three main sources what are they

If there is an erroneous payment then

These funds last 5 years have limited use and cannot pay for new obligations

How do you know which transactions are awaiting your approval

โžก๏ธ
See all cards
3.8
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
35 Reviews

Add your answer:

Earn +20 pts
Q: Is an authorized user on an account for which the primary account holder has been deceased for two years responsible for paying the amounts charged?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What happens if a repossessed vehicle is from a deceased person?

Cannot imagine that the process would be different than if the person was alive. The estate would be responsible for remaining loan amounts.


What is difference between primary and secondary card holder?

The major difference is that the Primary Account holder is responsible for all the amounts due on both the Primary Card and the Secondary Card.


What are the amounts of money coming into your account called?

it is called credit(when its coming in your account ) and debit(when its going out of your account ).


The amounts that increase the cash account are entered in?

debit


Why are faults responsible for significant amounts of weathering?

because of there size


Can an authorized user on a credit card account use the card of the primary card holder?

Yes. The point of having an authorized user is for that person to be able to use the credit card of the primary card holder. Usually when an authorized user is created, specific limits (amounts, number of transactions, merchant types, etc.) are set up. Sometimes the authorized user is given a card in their own name and that card may even have a different card number so usage may be tracked by the card company and the primary card holder.


Deceased parents left debts but left no estate are you as daughter with power of atty responsible?

Your power of attorney was extinguished when your last parent died. Unless you were a co-signer on their debts, ordered goods or services for them or benefitted from the amounts due (utility bills if you lived with them, for example) their estates are responsible for their debts. If there is no estate the creditors are out of luck.


Amounts entered on the right side of an account are called?

totals


A travel charge card account may be cancelled if?

All of the aboveIt has been suspended two times during a 12-month period for undisputed amounts and is past due again (45 calendar days from the closing date on the statement of account in which the charge appeared)It is past due for undisputed amounts at 120 calendar days past the closing date on the statement of account in which the charge appearedThe travel charge card is used for other than authorized purchases and cancellation is approved by the A/OPC


How can you confirm a PayPal deposit in your account?

PayPal pay two very small amounts of money into your bank account. Once these two amounts show up on your bank statement, log into PayPal and enter the two amounts into the boxes you see on PayPal for the purpose; sometimes you will find the option to enter the amounts in the "to do" section on the right-hand side of your PayPal account homepage.


Secretary of the Interior who authorized the sale of large amounts of land in Alaska valuable for its coal deposits and timber?

Richard Ballinger.


Who was the secretary of the interior who authorized the sale of large amounts of land in Alaska valuable for its coal deposits and timber?

gifford pinchot.

People also asked