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| *The Commerce Journal>>>Credit |
Authorized users on credit cards? |
Are they responsible for any debt accrued on the card. Here is my scenario, I am an authorized user on credit cards issued to a person who was deported a year ago, there is approximately 26,000.00 in debt on these cards and the deported person plans to stop making payments. What is my responsibility in this matter? Only the owner of the card can take you name off. Even if you request to be taken off, chances are they won't do anything. Have them do that ASAP. If that fails and it does show up on your credit, then dispute it with all three bueaus. You are not responsible. If you have that person take you off now before they stop making payments , the good history will stay there. But if all else fails, just dispute the entire account and state that you are not the owner of that card. You are not responsible for the debt but since you are an authorized user it will show up on your credit report. I would have your name removed from the card immediately. Have your name taken off as an authorized user ASAP. there is really no need to worry let the deported worry about it you have no financial responsibility, maybe you should take a trip to see your friend that was deported on his credit card. |
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