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Your ex boyfriend transferred your credit card debt onto his card who is responsible for paying?
Wiki User
∙ 16y ago
Did he add you to his credit card as a Authorized signer? That is responsible for the card? If not, then IT IS ALL HIS NOW. You are the only one that seriously has to make the decision if you want to pay it off. He signed it all over to his responsibility by doing that! Good luck.
Of course, if you have a conscience, you'll take ownership of the debt. You know full well that he never would have taken on your debt if he expected the relationship to end. He tried to help you out; if you repay him by sticking him with your debt, you've sunk to a pretty low level.
Wiki User
∙ 16y ago
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When using a credit card you are responsible for paying back the original amount of your purchase plus?
interest
Can you send credit from someone to someone else?
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.
Are the heirs responsible for credit card debt in the state of pa?
Not on a personal level. Typically the estate is responsible for paying the debts, including the credit cards. If an heir co-signed any paperwork regarding the credit card, they may be held liable.
Can you take out a home equity line of credit with a cosigner?
Yes, as long as the co-signer is fully informed that if you stop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.
What happens if you are a cosigner on a house that is being foreclosed on?
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
What would constitute a responsible use of credit?
A responsible use of credit is paying off your credit cards each month. Another example of using credit responsibly is using it when you need it only.
If a relative dies and you were paying their credit card debt for them and you are an authorized user of that card are you then responsible for paying off that card debt balance?
No.
When using a credit card you are responsible for paying back the original amount of your purchase plus?
interest
Can you send credit from someone to someone else?
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.
What reflects better on your credit report a zero balance on your credit card or buying something once a month and paying it off?
Buying something and paying it off. It shows the creditor that you are responsible and not a credit risk. Be aware though, you will be flooded with competing credit card company offers.
Are the heirs responsible for credit card debt in the state of pa?
Not on a personal level. Typically the estate is responsible for paying the debts, including the credit cards. If an heir co-signed any paperwork regarding the credit card, they may be held liable.
Can you take out a home equity line of credit with a cosigner?
Yes, as long as the co-signer is fully informed that if you stop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.Yes, as long as the co-signer is fully informed that if youstop paying the loan they will be fully responsible for paying it and thereby, paying for property they do not own.
What happens if you are a cosigner on a house that is being foreclosed on?
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
How do credit cards build credit?
Credit cards aid to build credit history in the same manner that any debt, whether it is from purchasing a car or by just paying rent. Be responsible with credit cards. You should not overspend.
What happens to a joint credit card when one account holder dies?
Both owners of a joint credit card are equally responsible for paying off the balance on the card. When one dies the survivor is responsible for the full balance.
If your boyfriend is paying child support and you get married to him will the child support stop?
Of course not. He is still the father of his children and still responsible for supporting them.
How does one get a repossession off their credit report if they were not responsible for the repossession?
One will have to prove to the CB that one wasnt responsible. It will likely involve paying an attorney. Good Luck.
