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Tag Archives: authorized user

Quick Credit Tip: Become an Authorized User

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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 credit card, let us take ... Read More »

    Can’t Tell if the Credit Card Account is a Joint Account or Only Authorized User. – Rene

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    “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 I cannot tell if she ... Read More »

      What Requires an Authorized User Account to be Removed? – Brian

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      “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” Dear Brian, I assume we are talking about a credit report issue here with an authorized user. ... Read More »

        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 co-signed any credit card application ... Read More »

          I Think I Screwed Up My Husband’s Credit as an Authorized User. – Nancy

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          “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 in 4 $250 installments, but ... Read More »

            How Do I File Bankruptcy Without Hurting My Husband’s Credit? I’m An Authorized User. – Christina

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            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 these accounts and hurt his ... Read More »

              Will Credit Card Companies Grab Me When I Return to the U.S.? – Cha

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              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 a couple of months. In ... Read More »

                After My Spouse Died I Used His Sears Card. – Laura

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                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 say I was not finacally ... Read More »

                  My Husband Does Not Want Me to Enter The Program With Fast Track Debt Relief. – April

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                  “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 little boys, and pick up ... Read More »

                    Authorized User on a Credit Card – Chris

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                    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 ... Read More »

                      I’m an Authorized User on a Credit Card and it is Bringing Down My Credit Score. – Dave

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                      “Dear Steve, When I was 18 and moving into the dorms at college my father put me as an authorized user on a couple of his credit cards. At the time my dad had very good credit and this was done in order to help me build my own credit and use these cards in emergency situations or to buy ... Read More »

                        I Am Authorized User on a Credit Union Account and Don’t Want to Pay My Credit Card With Them. – Jonie

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                        “Dear Steve, My wife and I shared a credit union checking account. she was the primary holder of the account and i signed up as an authorized signer. i applied for a credit card asking for a limit of $7,000.00, i signed an application and faxed it over, without my wifes signiture they approved the loan. when the recession hit ... Read More »

                          Do It Yourself Guide to Credit Reports: 10 Ways to Improve Your Credit

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                          So your credit’s not so hot. A few late payments, maybe an account or two that went to collections. What’s the big deal? As you’ve probably found out, it may be a very big deal. You’ve probably already been turned down for the best credit cards and maybe you’ve had trouble getting a car loan. Perhaps you’ve even put off ... Read More »

                            I’m a Victim of Credit Fraud By My Husband. We Are Now Divorced. – Bobbi

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                            Bobbi “Dear Steve, Divorced and stuck with huge debt from marriage. What is the best way for me to get out of debt and have decent credit again? I was married to a “spender” who tricked me so many times – getting loans and credit cards under my name without asking me, made himself an “authorized user” and maxed out ... Read More »

                              Chloe Ruins Credit of Daughter With American Express

                              American Express Card

                              Chloe “Dear Steve, My daughter opened an AMEX card for me since my credit is fair. She got me a card in my name off of her account to be used for emergencies For the first 8 months of the card I was able to pay the bill however in mid July I came upon financial hardship and wasn’t able ... Read More »

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