It is unlikely that the limit was lowered because of the pay off. Many card issuers are pulling limits back regardless of payment history or credit history. My suggestion would be to contact the card company and ask for an explanation of the reduction.
Yes, you are liable for your husbands credit card.
If a credit reporting agency has mistakenly marked you as deceased on your credit report, you should contact them immediately to correct the error.
No. She must get a credit card in her own name since the guarantor on the account is deceased.
To obtain a credit report for a deceased individual, you need to request it from the credit reporting agencies by providing the necessary documentation, such as a death certificate and proof of your authority to act on behalf of the deceased person's estate.
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.
Only if she is also on the account. If not, then absolutely not. You can get yourself in a heap of trouble by using the credit card of a deceased person. You must notify the credit card company of the death and close that account.
The deceased's estate is going to be responsible. The spouse can be held as a beneficiary of the costs and by inheriting less from the estate.
Yes, you are liable for your husbands credit card.
Indirectly. The estate of the deceased husband is responsible for resolving all of his debts. Since the widow is going to be the primary beneficiary of the estate, she will inherit less because the estate has to pay the debt.
decreased
If a credit reporting agency has mistakenly marked you as deceased on your credit report, you should contact them immediately to correct the error.
Accounts receivable is decreased with credit balance or by receiving the cash from customers.
The use of a deceased person's credit card would constitute credit card fraud. Unlawful use of a credit card is a criminal offense.
No. She must get a credit card in her own name since the guarantor on the account is deceased.
A good place to start would be to contact the credit reporting agencies and request a copy of the deceased's credit report to notify the creditors.
To obtain a credit report for a deceased individual, you need to request it from the credit reporting agencies by providing the necessary documentation, such as a death certificate and proof of your authority to act on behalf of the deceased person's estate.
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.