Sorry you need to re-think this question. Only certain, goverment, institutions can get your credit report legally with out your permisssion. When you ask for any type of credit you usually agree to a credit check somewhere in the form you have filled out. * No. Someone has made an error. Authorized user's of an account are not legally responsible for the debt incurred on the account and any activity on that account should not appear on the AU's credit report. It is entirely possible that the AU has been listed as a second account holder, if the AU has a second card bearing his or her name they can likely be held equally responsible for the debt. It would be in the best interest of the involved party to resolve the matter as soon as possible.
If they have granted permission. Ideally they'd contact the credit card company to add you as an authorized user.
If you are an authorized user of another persons credit it has no effect on your credit at all. It will not raise nor lower your score. The credit card company simple issues you a card with your name on it and then holds the person who holds the credit with them responsible for any charges you make.
You can call the lender and close that authorized user account. It no longer affects their credit anyway so there is no damage.
If you're only an authorized user on a credit card, you don't directly owe anything as far as the credit company is concerned. However, you can still be sued by the individual who has the card account.
No, only the primary cardholder's credit score is affected.
If it does report it will show that you are just an authorized user, most cards don't even report authorized users anymore.
Usually all you need is the person's name and their relationship to the account holder. Credit Card issuers have different criteria for adding an authorized person or a second card holder.
No. The authorized user/signer will have to apply for an account using their own credit history.
It negatively affects both the primary and the authorized user credit score and report.
When adding an authorized user to your account, you are agreeing to any and all charges that person places on the account. If the authorized user chooses to abuse the account, such as making purchases beyond the amount that you are able to pay or by exceeding the limit of the card, the negative effects goes against the primary users credit. The authorized users credit is not affected at all and they are not responsible for payments. So be careful who you chose to add to your card.
NO. IT wILL BE NOTED AS "A" FOR AUTHORIZED USER ON THAT persons credit file. it does does not increase or decrease your credit score. It should boost theirs in you pay the bill on time. JUDE KAGABINES LEXINGTON SC
No, authorized users are not responsible for debt incurred on such an account.