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What else can I help you with?
Are primary card holders credit affected by adding a user?
A Primary card holder's credit will not be impacted by adding an authorized user.
If you are a authorized user on a credit card and the primary holder is not paying the bill can the authorized user be held responsible?
No. Authorized Users are NOT liable for the debt, only the PRIMARY on the account is liable.
Is a person who is only listed as an authorized user on a credit card but never used it liable for the debt if the primary holder files bankruptcy?
No. An authorized user is not responsible for credit card debt in any situation. Sorry, I failed to mention that the exception is if the "AU" is a spouse and the couple reside in a community property state. What if the authorized user charged on the card? Would he be held responsible for that?
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.
How does an authorized user obtain a credit card?
An authorized user can obtain a credit card by being added to someone else's credit card account. The primary cardholder can request an additional card for the authorized user, who can then use the card to make purchases. The authorized user is not responsible for paying the bill, as the primary cardholder is responsible for all charges.
Are primary card holders credit affected by adding a user?
A Primary card holder's credit will not be impacted by adding an authorized user.
Can a lien be placed on a property jointly owned by 2 people primary house or rental property if one of the owners has a judgment against them by a creditor?
can a property or business be liened if one of the owners, owe debts
Is the secondary account holder liable for the primary if they are overdrawn?
Yes. Bank is liable to pay the joint account holders jointly without any distinction ( subject to the operation instruction). Thus the liability to the bank also is joint.
If you are a authorized user on a credit card and the primary holder is not paying the bill can the authorized user be held responsible?
No. Authorized Users are NOT liable for the debt, only the PRIMARY on the account is liable.
Use of credit card after primary holders death?
If a credit card is used by an individual authorized to use the account and that person was not aware the primary acct holder was deceased when the card was used, the card company will probably include the charges in the final bill submitted to the estate rep. If death was known they will hold the authorised user responsible for the charges. If the user was not authorized and knew about the death of the holder it was fraud and criminal charges should be filed.
If you are an authorized user on a credit card and the primary holder dies are you resonsible for the debt?
An authorized user on a credit card can be responsible on an account in which the primary card holder passes. The creditor looks at the situation as the authorized card holder was able to make purchases with the account, and should be held liable, even in the event of the primary's death.
Is a person who is only listed as an authorized user on a credit card but never used it liable for the debt if the primary holder files bankruptcy?
No. An authorized user is not responsible for credit card debt in any situation. Sorry, I failed to mention that the exception is if the "AU" is a spouse and the couple reside in a community property state. What if the authorized user charged on the card? Would he be held responsible for that?
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.
If the primary cardholder is deceased and the authorized user is no relation and not responsible for debt will this affect the authorized user's credit if it is not paid?
AN authorized user cannot be held responsible for a primary holder's debt in any case. Only a joint holder can be liable for the debt. YES OF COURSE
What happens to a bank account and real property held jointly when the primary owner dies?
When a decedent was the sole owner of property (real and/or personal) their estate must be probated for the property to pass legally to their heirs. If the decedent owned property (real and/or personal) as joint tenants with another person, full title to the property passes automatically to the surviving owner.
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.
How does an authorized user obtain a credit card?
An authorized user can obtain a credit card by being added to someone else's credit card account. The primary cardholder can request an additional card for the authorized user, who can then use the card to make purchases. The authorized user is not responsible for paying the bill, as the primary cardholder is responsible for all charges.
