Sentences with phrase «authorized users on a credit card account for»

Less weighting being given to authorized users on a credit card account for the purposes of establishing credit history.

Not exact matches

You can, however, become an authorized user on a parent's account in order to build out your credit reports before you qualify for a student credit card.

While teens can not apply for a credit card on their own until the age of 21, they can be an authorized user on a parent's account with permission.

Credit cards usually let you add an authorized user on your account for free.

Most immigrants and international students may be able to apply for secured credit cards or become authorized users on somebody else's account.

When you default on payments, the credit card issuer isn't allowed to go after the authorized user for payment because the user is just someone who has permission to make purchases against your account.

Authorized user: Another way for you to get a credit card after bankruptcy is to become an authorized user on a card account belonging to someone else, such as a partner, parent or close famiAuthorized user: Another way for you to get a credit card after bankruptcy is to become an authorized user on a card account belonging to someone else, such as a partner, parent or close famiauthorized user on a card account belonging to someone else, such as a partner, parent or close family member.

14 The primary cardholder may assign and change the Authorized User Spending Limits on the credit card account for any authorized user (s) by contacAuthorized User Spending Limits on the credit card account for any authorized user (s) by contacting CUser Spending Limits on the credit card account for any authorized user (s) by contacauthorized user (s) by contacting Cuser (s) by contacting CIBC.

1 The primary cardholder may assign and change the Authorized User Spending Limits on the credit card account for any authorized users by contacAuthorized User Spending Limits on the credit card account for any authorized users by contacauthorized users by contacting CIBC.

As an authorized user, you're able to purchase items on the card as if you were the actual account holder (some credit cards allow the account owner to set lower credit limits for an authorized user).

Check with the credit card issuer regarding their credit reporting practices for an authorized user account to make sure they'll report the account on the authorized user's credit reports.

The FICO 8 version places more emphasis on high credit card usage but has reduced the emphasis on isolated late payments, authorized credit card users, and collections for accounts originally valued under $ 100.

It may help slightly for you to make each other authorized users on the other card, but it would likely help more if someone with better credit and thus a bigger credit line would make you an authorized user on their card - particularly if it's an older account.

The company offers credit card holders with sterling payment histories on cards with high balances «as much as $ 10,000 a month or more» simply by accepting unseen borrowers with poor credit backgrounds as «authorized users» on their card accounts for 90 days.

You do not have to use the account or even have a card to be listed as an authorized user or for the account holder's credit to reflect on your own.

While initially intended to apply to spouses and significant others who share financial responsibilities, a unique credit - building feature of an authorized user account is that, without taking responsibility for charges on the card, the entire account history is included in the authorized user's credit file and credit score.

Annual Fee rebate for Primary Cardholder and one Authorized User for the same TD Credit Card Account also applies to existing TD Gold Elite Visa Cardholders on the same terms set out above.

For example, Chase reports account activity to the credit reporting agencies for every user on a card, including authorized useFor example, Chase reports account activity to the credit reporting agencies for every user on a card, including authorized usefor every user on a card, including authorized users.

Some people use their credit cards only for emergencies, like I have a daughter in college, she's at University of Texas at Austin, and I added her as an authorized user on one of my longstanding credit card accounts.

-- When a primary account holder for a credit card dies, an authorized user on the card wonders if he is now responsible for the card's balance... (See Authoriauthorized user on the card wonders if he is now responsible for the card's balance... (See AuthorizedAuthorized users)

Son's credit hurt when mom defaulted on account — Requesting a credit card for your child to use — even if they're a minor — could make them an authorized user whose credit is affected... (See Authorauthorized user whose credit is affected... (See AuthorizedAuthorized user)

Paying deceased's bill doesn't imply liability for authorized user — Authorized users are not responsible for debt incurred on a credit card account, even if they make payments after the primary cardholder dies... (See authorized user — Authorized users are not responsible for debt incurred on a credit card account, even if they make payments after the primary cardholder dies... (See Authorized users are not responsible for debt incurred on a credit card account, even if they make payments after the primary cardholder dies... (See Liability)

Cathleen McCarthy: Authorized users can't access rewards without special permission — If you're an authorized user on someone's credit card, the only way you can access the rewards points for the purchases you've made is if the primary account holder gives you special access... (See Authorized users anAuthorized users can't access rewards without special permission — If you're an authorized user on someone's credit card, the only way you can access the rewards points for the purchases you've made is if the primary account holder gives you special access... (See Authorized users anauthorized user on someone's credit card, the only way you can access the rewards points for the purchases you've made is if the primary account holder gives you special access... (See Authorized users anAuthorized users and rewards)

You are responsible for all balances on the card, so the biggest risk is that the authorized user will run up big bills, with consequences for your bank account and, potentially, your credit score.

I was once able to help a client with a credit score around 680 get approved for both Chase Freedom cards when the only accounts on their credit report were two authorized user accounts (one was on a Chase card).

If your teen doesn't qualify for a credit card of their own yet, you can add them as an authorized user on your account.

When you add an authorized user to a credit card account you manage, you are essentially giving another individual a copy of your credit card with their name on it, along with the authorization for them to make charges that will be added to your statement.

But, if you've already used your statement credit to pay for your own application for Global Entry or TSA PreCheck, some cards allow you to cover someone else's application fee by making them an authorized user on your account, according to Bisesto.

The main account holder — you — are responsible for any charges on the authorized user's card, and any failure to pay will drag down your credit score — and theirs, too.

As for credit cards, it's fine to make them authorized users on your account.