Does credit card 'authorized user' have any legal obligations
Q: My ex was an authorized user on the MasterCard that belongs to my brother. He charged $1,700 on it and refuses to pay. Is there a way to force him pay? Being only an authorized user, he can get away with not paying, I was told.
A: To my best recollection, he can. Had he been a co applicant, that would've been another story. But having him as simply authorized user, your brother may have assumed all financial responsibility.
Wed Apr 30, 2008 04:04PM | Copyright: www.bad-credit-advisor.com | More in Personal Finance | Comments (0)
Recent Entries
- Capital One Secured Credit Card to Improve Credit Score - Review
- How to get approved for mortgage - loan approval help
- Spouse average FICO credit score is higher?
- Why average credit score?
- Getting mortgage after bankruptcy - go FHA
- Debt settlement and how it affects credit score
- Debt settlement with Citibank
- Can I settle with credit card company with no late payments?
- Credit card limit lowered, credit score goes down
- Gold price will rise in 2011
