The person's credit card debt will remain as unpaid unless they pay it. Going to prison does not cancel any type of debts incurred.
For unauthorized possession or use, definitely. This happens every day. Be sure that if you use a family member's card for anything that it is with their knowledge. Although they might not press charges, those who accepted the card may have reason to pursue charges.
The legal age to obtain a credit card in Alabama is 19. However, individuals under 19 can be authorized users on someone else's credit card.
The legal age to get a credit card in Canada is 18 years old. Those under 18 can become secondary cardholders on someone else's account or get a pre-paid credit card.
You must be at least 18 years of age to apply for credit in the US. However, you must have a co-signer and/or proof of adequate income. To independently get a credit card you must be 21.
Sorry, no. Financial transactions such as credit cards, personal loans, etc. are not legally binding if made with someone under the age of 18. Some states have laws prohibiting anyone under the age of 21 from making specified financial contracts.
You'll be in prison.
Absolutely yes. It happens to someone everyday.
The number of years someone can be sentenced to for credit card scamming varies depending on the severity of the crime and the laws in the specific jurisdiction. In general, sentences for credit card fraud can range from a few years to several decades in prison.
If your credit card is lost or stolen and someone makes a purchase, you should report it to your credit card company immediately. You are not typically responsible for unauthorized charges as long as you report the loss or theft promptly.
If someone stops paying their credit card bill, the account will go into collections. Additional fees and interests will be added to the account. Based on the amount owed on the credit card bill, the lender may file suit.
Using someone else's credit card without their permission is considered credit card fraud, which is a serious crime. If caught, you could face legal consequences such as fines, jail time, and a criminal record. It is important to always obtain permission before using someone else's credit card to avoid legal trouble.
Using someone else's credit card without their permission is considered credit card fraud, which is a serious crime. If caught, you could face legal consequences such as fines, jail time, and a criminal record. It is important to always obtain permission before using someone else's credit card to avoid breaking the law.
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.
When someone uses your credit card without your permission, it is considered fraud. This can lead to unauthorized charges on your account, which you may be held responsible for. It is important to report the fraud to your credit card company immediately to protect yourself from financial losses.
No, unless you hack someone
Yes I believe you can report credit card fraud if you know someone who has someone elses credit card, if let's say one of your friends or family member got there credit card stolen and you also know the person who stole the credit card you can report a credit card fraud or you can just let your friend or family member report fraud on there credit card, I hope this helps :).
When you add someone to your credit card account, they become an authorized user and can make purchases using the card. The primary account holder is responsible for paying off any charges made by the authorized user.