always look into the laws of the state. However, if someone dies it depends on their assets available. The company can sue the estate. You need to notify all of the companies that the deceased did business with that he/she is now deceased. This way at least one of the creditors MAY report this information to the credit bureaus and at that time fraudulent accounts will be harder to open in the deceased name. Don't worry about paying on them... don't send in a dime.. let the company who wants to pursue the debt take legal avenues to get it otherwise don't worry about it until its time to worry about it. Overall YOU should be safe. and not obligated to pay for anything unless it is specified in a WILL...
Absolutely yes. It happens to someone everyday.
credit card
If someone stops paying their credit card bill, the account will go into collections. Additional fees and interests will be added to the account. Based on the amount owed on the credit card bill, the lender may file suit.
http://www.creditcards.com/credit-card-news/credit-card-state-statute-limitations-1282.php
No, you can not give credit that you have to someone else. You can loan someone money or your credit card, but you are still responsible for paying the credit card company back.
Yes I believe you can report credit card fraud if you know someone who has someone elses credit card, if let's say one of your friends or family member got there credit card stolen and you also know the person who stole the credit card you can report a credit card fraud or you can just let your friend or family member report fraud on there credit card, I hope this helps :).
No, unless you hack someone
If they have granted permission. Ideally they'd contact the credit card company to add you as an authorized user.
If they have a credit card facility yes
Someone's credit card limit is determined by examining their credit score. Typically, one who has good credit will receive a much higher credit card limit than one who has a bad credit score.
This happens when someone pays too much money on their credit card statement. You have money "on credit" in addition to your credit limit. These amounts can be refunded but will usually remain in the account until you charge using the card again, then those funds will be applied towards your purchases on credit.
In order to find out what an SBI credit card is and what the rates are for this kind of card, you are going to have to ask someone who owns one or someone who works at your local credit union.