Tag Archives: authorized user
- My Daughter Was an Authorized User and Ran Up My Debt. I Have Cash to Settle. – Sharon
“Dear Steve, 23K on credit card debt. I am retired and do not make enough to pay these credit card bills any longer. I let my daughter be an authorized user on 2 credit cards. She and her husband both lost their jobs and just recently broke up. I have been able to make the [...]
- I’m Not Sure if My Son is An Authorized User or Joint Account Holder. – Shawn
“Dear Steve, When my son was in school I added him as an authorized user on my Chase Credit card he is now 32 he bought a home and the credit report said he was a cosigner on my Credit card. I have tried to have this corrected for the last two years. Chase rep [...]
- How do I remove myself as an authorized user? – Vanessa
My husband and I have been married for 14 years. In March 2010, he suffered at traumatic brain injury and is now severely disabled living in a nursing home. I serve as his guardian. I am an authorized user on his credit cards. To date, I have been paying them down, but I am concerned [...]
- I’m an Authorized User on a Credit Card. Do I Have a Responsibility to Repay? – Florence
“Dear Steve, I lived with a person for 5 years and he stopped paying his bills – including mortgages, credit cards etc – probably filing for bankrupcy. The collectors are after him to the tune of $300,000. I had all my own bills and have stayed good with them. I have since moved out. There [...]
- My Father Passed Away. My Mother Was Only an Authorized User. – JB
“Dear Steve, Recent widow as authorized user and credit card debt. My father passed away a couple weeks ago and I have been trying to help my mom with her finances. As I’m sure you know, she lost a SS check so now she is trying to work through her budget. My father and she [...]
- Quick Credit Tip: Become an Authorized User
Learning how to become an authorized user on a credit card is a strong and quick strategy for building your credit, and building it fast. In fact, I have seen people’s scores jump as much as sixty points just by becoming authorized users. Before discussing the mechanism for becoming a an authorized user on a [...]
- Can’t Tell if the Credit Card Account is a Joint Account or Only Authorized User. – Rene
“Dear Steve, My F-I-L passed away recently and left my M-I-L with a huge credit card debt over $30,000.00 in three credit card companies. He was the sole owner on two accounts, but the credit card companies are hounding her to pay the debt. On the third credit card it had both their names but [...]
- What Requires an Authorized User Account to be Removed? – Brian
“Dear Steve, What laws allow an authorized user account to be removed? I know being that their not respondsible for the debts and haven’t signed a contract legally the account has to be removed. But what law(s) force them to remove it? Brian” The Answer: Dear Brian, I assume we are talking about a credit [...]
- Our Marital Settlement Agreement Says I’m Supposed to Pay The Credit Cards But I Was Only an Authorized User. – Alma
“Dear Lewis, My New Mexico Marital Settlement Agreement (MSA) says that upon the sale of the marital home, I had only one requirement and that was to pay $24K to the credit card companies. Our home has yet to sell. The credit cards were my husband’s and I only was an authorized user. I never [...]
- I Think I Screwed Up My Husband’s Credit as an Authorized User. – Nancy
“Dear Steve, Just had a sears card charged off this week. I had gotten a call from sears they said i had till Jan 13 to make a payment. I called yesterday, but it had already been charged off since two days ago. I take full responsiblity for the debt and plan to pay it [...]
- How Do I File Bankruptcy Without Hurting My Husband’s Credit? I’m An Authorized User. – Christina
Will be filing for ch 7.I am an authorized user on 3 of my husbands accounts.The legal assistant told me that the chapter 7 would come out on my husbands good credit report? If I am an authorized user can i remove myself on 3 of my husbands accounts so they dont have to close [...]
- Will Credit Card Companies Grab Me When I Return to the U.S.? – Cha
Secondary card holder swiped 30k and now company wants to apply for Corporate AMEX I had added a friend as a secondary card holder to pay for student tuition fees. She charged some 10k while I was around and was paying the minimum monthly due. For company work, I had to relocate outside US for [...]
- After My Spouse Died I Used His Sears Card. – Laura
Husband died in 2005, had no estate, I was authorized user of sears card, and I used it for new washer, dryer, in 2007. did I notify sears he passsed away? no, never dawned on me. sear apparently discovered his passing and came at me with full force to pay of that debt. needless to [...]
- My Husband Does Not Want Me to Enter The Program With Fast Track Debt Relief. – April
“Dear Steve, I have 4 credit cards that I added my husband to as an authorized user. The debt has grown to over $34,000 in the last 8 years. Less than 3% of the charges were by me, but my husband is refusing to take responsibility. I am a stay at home mom with 3 [...]
- Authorized User on a Credit Card – Chris
My sister added me as an “authorized user” on her credit card. I used the credit card to purchase a used vehicle and have been paying the monthly payments on her card for the past year or so. Now she has filed bankruptcy. Her bankruptcy attorney told her that even though I am an “authorized [...]