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Does an additional credit card holder have to pay any debt that they accrued with their card?
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Is an additional credit card holder liable for the whole debt on the credit card account?
ia an additional credit card holder liable for the whole debt of the credit card account
If you were an additional card holder on your father's credit card are you responsible for the debt afte?
YES
If you are an additional card holder on a parent's credit card account and you file bankruptcy will the bankruptcy appear on their credit?
The bankruptcy will appear on their credit if you include this card in your bankruptcy. If you leave the card off the bankruptcy, it will not effect their credit.
Does a second credit card holder receive a credit card?
Yes, a second credit card holder has his/her credit card also but of course, they are just under the primary card holder.
Who is solely responsible for a wife's credit card debt?
if it is under your name and she is an additional card holder but the bill comes to you I think you are responsible for the debt.It might be worth asking your credit card provider.
Is an authorized credit card user responsible for credit card debt if the primary card holder declares bankruptcy?
No. The card holder is responsible for all debt on the credit they extended to him. (You may be responsible to the credit card holder for the debt he incurred for you, if that was your agreement).
Can a secondary card holder remove himself from an account leaving only the primary card holder's name?
Usually, a new card is issued in the primary card holder's name. Usually both parties on a credit card have to sign off to eliminate the secondary card holder. Your credit card holder can help you with this.
Does interest accrue on credit card debt after card holder is deceased?
Interest does not accrue on credit card debt after the card holder is deceased. It can occur however, if the spouse is on the account.
Can an authorized user of a credit card increase credit limit without knowledge of card holder?
Short answer:It depends on the bank. Most likely though, no. Long answer:It depends on the bank and if the person asking the credit limit increase is a primary card holder. Most banks or credit card companies won't allow a secondary card holder to increase the credit limit. I just called and checked. The bank my credit card was associated with was MBNA.I am a secondary card holder (my name is on the card, but the primary responsibility to the account is under someone else's name).They told me the primary card holder needs to call in to modify the credit limit.So in my case, the answer is no. An authorized user of the card cannot increase the credit limit without the knowledge of the primary card holder.
What does APR represent to a credit card holder?
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Can you get one credit card account in two names?
Yes. In one way, a card holder nominates an 'Additional Card Holder' whose transactions appear on the same account. You would need to follow the terms and conditions for this type of account provided by the issuer of the cards.
Can adding a second card holder to your credit account affect your credit score?
Not if you are responsible for all of the loans or credit card payments on your credit report. But, if the second card holder is responsible for any payments on your cards, and doesn't make them, then it can cause your score to lower.
