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What else can I help you with?
Can a spouse or authorized credit card user be held liable for a primary holder's credit card debt in Maine even if real estate property is held jointly?
YES No if you are an authorized user. However, they can put a lien on your house since it is joint but they can not force you to sell it.
What can you do if you were sued 6 years ago but never notified and a lien placed on your house over an account on which you were an authorized user?
There is something amiss here. An authorized user is not responsible for the account. You cannot be sued without being notified. So, you must have received a summons by some means. Unless they were unable to find you, then there would have been a public notice in the paper. If the lien is a result of you being an authorized user, rather than a joint account holder it is invalid. It will not "go away" until you contact the court where the judgment was issued and get things straightened out. ASAP
How can I make someone an authorized user on my account?
To make someone an authorized user on your account, contact your financial institution and request to add them as an authorized user. They may need to provide their personal information and agree to the terms of being an authorized user.
How do I add someone as an authorized user?
To add someone as an authorized user, contact your financial institution and provide the person's information. They will issue a secondary card linked to your account for the authorized user to use.
Is an authorized user responsible for a deceased person's credit card bills?
An authorized user is never legally liable for any debt. Authorized users do not fit the definition of "debtor" under the Fair Credit Reporting Act, nor have they signed a contractual agreement obligating themselves to pay. However, if this authorized user is the beneficiary of the decedants' estate, THAT might make them liable for the unpaid bills. This would depend upon the status of any existing will, and (the applicable) state inheritance laws.
Can you explain what an authorized user is on a credit card?
An authorized user on a credit card is someone who is allowed to use the card but is not responsible for paying the bill. The primary cardholder is responsible for all charges made by the authorized user.
Does adding an authorized user affect my credit score?
Yes, adding an authorized user can potentially affect your credit score. If the authorized user has a good credit history, it may have a positive impact on your credit score. However, if the authorized user has a poor credit history, it could potentially have a negative impact on your credit score.
Does the credit score of an authorized user on your credit card affect your credit score?
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
You are an authorized user of a business card account are you liable as an authorized user?
No, authorized users are not responsible for an account. Only the actual account holder is responsible for all debt that is incurred.
Can an authorized user remove the primary user and become the primary user?
Absolutely not. Most banks don't even allow the authorized user to get basic info from the account, such as balance or recent transactions.
How does adding an authorized user work on a credit card account?
Adding an authorized user to a credit card account allows another person to use the card and make purchases on the account. The primary cardholder is responsible for all charges made by the authorized user, and the authorized user's activity can impact the primary cardholder's credit score.
Does adding someone as an authorized user affect my credit score?
Yes, adding someone as an authorized user can potentially affect your credit score. If the authorized user has a good credit history, it may have a positive impact on your credit score. However, if the authorized user has a poor credit history, it could potentially have a negative impact on your credit score.
