Sentences with phrase «as a joint account holder of»

You could be responsible for debt your spouse takes if you put your name on a loan's promissory note or if you are added as a joint account holder of a credit card.

Not exact matches

Joint accounts are those where both spouses are listed as account holders and where each spouse has a duty to pay for debts incurred on the credit card regardless of which person made the purchase.

I was also unable to add her as a joint account holder on any of my accounts (Etrade, Betterment, Capital One 360) so the best I could do was add her as my beneficiary.

For instance, you can inherit your spouse's pre-wedding debt regardless of state type if you sign onto his / her existing account as a joint holder.

As a joint account holder, you share the legal responsibility of making payments on the card account and can't be removed from the account very easily — a risk for the original account holder.

An authorized user just gives a person the authorization to use the card, but as a joint account holder, you will also hold the responsibility of that card — meaning; you would be equally and fully responsible for the debt.