Who are the users of credit?

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Consumers,Businessmen, and the government.............
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Will your credit score improve if you are an authorized user on a credit card account?

ANSWER UPDATE: It was true per the last answer, but I have been researching this and found out that FICO has "Fair Isaac Innovation Will Restore Authorized User Accounts to Calculation of FICO 08 Scores". This information is directly from the Fair Isaac website. The article found here http://ww ( Full Answer )

Can the authorized user be sued for charges on the credit card?

You can't be sued by the credit card company since it states in the agreement for authorized users that the person is not responsible. As for your family member, I'm not sure if they would win or be able to prove you didn't pay them back. Yes , you can find yourself in a civil suit as an authoriz ( Full Answer )

If you get another card for an authorized user do they have the same credit limit as you?

Yes, what happens is you "share" the original credit limit. For example, if you have a LOC (line of credit) of $10,000 and add your 16-year-old daughter as an authorized buyer on the account and give her a card with her name, she shares the $10K LOC with you. Not in all cases. Some companies now, b ( Full Answer )

How is a husband's credit affected if he is an authorized user on his wife's credit card and she filed for bankruptcy?

Most credit card companies will have a clause in the Cardholder Agreement to address this. It will likely be 'joint and several liability'. This means that you are consider joint owners of the debt, but can also be considered individual owners of the debt. If one files bankruptcy, then the other par ( Full Answer )

What credit card companies or banks report authorized users?

Answer . \nThe card issuer would need to be contacted to obtain that information, as each creditor has their own criteria for the way AU's data is handled. Most creditor's do not report AU's due to the fact that an AU has no actual control over how an account is paid/used.

How do you add another user to your credit card?

Answer . In most cases it's as simple as calling your card issuer, providing proper identification, and asking them to add the person to your account.\n. \nFair warning, though: you'll be just as responsible for what goes on with the other user's usage of your credit card account as you are wit ( Full Answer )

Is an authorized user on a credit card liable?

Answer . \nNot to the credit card issuer.\n. \nThe account holder is totally responsible for debt incurred on a credit card. \n. \nThe exception is married couples residing in community property states, where both spouses are considered have the same rights to property and assets and the same ( Full Answer )

If a college student has no previous credit history but is an authorized user on his father's credit card how long would it take to acquire a credit rating?

Answer . \nIf you are an authorized user on an account that has never been late and has not exceeded the credit limit, then your credit score should improve within six months. If you have a little money of your own set aside, try obtaining a secured visa or mastercard through Bank of America, F ( Full Answer )

If an authorized user of a credit card is NOT liable to the issuer of the card then why are negative credit remarks reflected on the authorized credit report?

Answer . \nIf this is truly a mistake, and the creditor's application does not have authorized user's\nsignature on the application, then the creditor is obligated to correct the credit.\nGet a letter in writing from the lender stating you are not liable and that they are\ngoing to correct all 3 ( Full Answer )

Can an authorized user be held responsible for debt on a credit card?

Answer . \nNo.\n. \nAn AU is not legally responsible for repaying the debt to the creditor as it is presumed that the AU has no control over the account itself.\n. \nHopefully the AU would consider it their personal responsibility to pay the account holder.

Can you use your husband's credit card if you are not an authorized user?

Answer . Technically, no. Your husband should contact the bank and advise them that you will be an authorized user. They'll send out a unique credit card with your name linked to the same account.\n. \nMerchants that even bother to check the card against your ID will likely not even notice or c ( Full Answer )

What is an 'authorized user' of credit card?

When you get a card you can request to have another user on yourcard, they will get there own card, but it will be under yourcredit card. (Example: my hubby has a credit card and I'm anauthorized user, so I have a card with the same acct number.) added note:- When adding an authorized user to your ( Full Answer )

Can your credit score be effected when you remove yourself from a credit card as an authorized user If so what is the best way to remove yourself as an authorized user?

Your score will only be affected if the account is past due/derogatory. Otherwise you may see an increase in your score due to debt/income ratio becoming smaller. WHAT!?! to whomever answered this. An authorized user can use the account/card. They can also make payments to the account, but they ar ( Full Answer )

Can an authorized user activate a credit card?

Yes, usually, but not always. It depends on the credit card, andwhether you have the information required. Sometimes the primaryuser has to activate them, but then the other authorized users canuse them. For instance, this is the message on a popular credit card site: "If you are an Authorized User ( Full Answer )

What is the affect of adding your fiance with no credit as an authorized user on credit cards have on my credit score?

\n. \nHaving him as an authorized user on your credit card won't impact your score, however if he uses the card and doesn't pay the bill then your score will be impacted. Being an authorized user is one way to help jump start his credit, but it will impact you if he is responsible for paying the bi ( Full Answer )

How does the authorized users credit impact the primary users credit?

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 effe ( Full Answer )

Is it possible for me to get the mailing list of credit card user?

Why not, GoLeads provides you the mailing list of credit card user with all essential details. It too has mailing list leads for. Premium / Gold Credit card user . Credit rating . Goleads offers details with 100% assurance with an affordable price where the customer support is excellent.

What credit card companies allow authorized users?

As far as I know these credit card companies will allow authorized users to be added. 1. CitiBank 2. Barclays 3. CapitalOne (some cards) 4. Bank of America (some cards) 5. USAA There may be more but these are the ones I know about.

Am I responsible for my spouse's credit card debt if I am not an authorized user?

Absolutely not ! If the card is not i your name - you have no legalresponsibility for any outstanding balance. HOWEVER - IF you arenamed on the account as a joint card-holder - you're legallyresponsible for fifty percent of the balance, regardless of who ranup the debt. Additionally, if you have a ( Full Answer )

If you're an autorized user on credit card can you roll it into bankruptcy?

No. That credit obligation does not belong to you, you have simply been authorized to sign for purchases made. Think of the example of a corporate credit card. A company would authorize you to buy things with the card but it is not part of your personal finances. You don't legally have to make payme ( Full Answer )

Can you transfer Facebook credits to another Facebook user?

yes... you just E-mail Facebook telling them what you want to do... everything has to go through HQ at Facebook.. because of hacked accounts people would be stealing them from everyone if they did allow it on some kinda app.. its actually real money in a way.. but Answer is YES you can.. as long as ( Full Answer )

How long after an authorized user can you get your own credit card?

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 ( Full Answer )

Will the owners credit be impacted is an authorized user is added?

The owner and/or joint owner are solely responsible for the credit card. This includes everything from making payments, dealing with fraud, being reported to the credit bureaus, etc. If an authorized user abuses his/her credit spending, the responsibility still lies in the hands of the owner of the ( Full Answer )

What type of credit card to become an authorized user to help raise credit score?

Having an authorized user card does not help the authorized user's credit bureau score. ie) if I had good credit and I gave someone an authorized user card, that person's purchases would be on my statement and I would be responsible for the other person's purchases. If I don't pay for the other per ( Full Answer )