Reader Questions

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 user” on the card, I am still liable for those charges and that the credit card company will come after me for the outstanding balance.

I’m not a co-signer on her credit card but rather an “authorized user”. Am I legally responsible for the debt? And how does this affect my credit?

Chris




This reader question was submitted for site members to answer.

This is your chance to be a hero and help out this person by providing your feedback and answer to the question. Post your response in the comments section below.

If you have a credit or debt question you’d like to ask just use the online form.


READ  Emily Wants to Know "I'm Pregnant And Got My Hours Cut. What Do I Do?"



About the author

Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Share a Comment / Leave a Reply

Scroll to Top
%d bloggers like this: