Especially for someone trying to build good credit or rebuild credit, having
a responsible joint account holder is highly advantageous.
Not exact matches
Maybe it's opening a
joint bank
account, planning to buy a house together or agreeing who's
responsible for which expenses in the house, but being in sync when it comes to your financial forecast is winning the long - term love game.
Any
joint accounts or
accounts where the other is listed as a cosigner or authorized
account user need to transferred to the
responsible party or have the
account closed completely if one name can not be removed.
If one of you dies, their estate will be
responsible for repayment of the loan along with the other
joint account holder (s).
Loan cosigners and
joint account holders can be held
responsible for debt, and family members may have to pay debts for inherited property they intend to keep.
Whatever doesn't go to spending money and doesn't go to the bills she's personally
responsible for or you're
responsible for (from your paycheck) should go to a
joint account.
Opening a
joint credit
account or receiving
joint financing means that both of you are legally
responsible for repaying the debt.
The biggest difference between an authorized user and a
joint account owner is that the original owner of the
account is the only person
responsible for repaying the debt.
As a
joint owner on the
account, you are
responsible for the charges even if you didn't make them.
A co-maker is legally
responsible to repay the charges in the
joint account agreement.
Left with $ 20k total credit card debt from a shopaholic ex spouse with whom I had some
joint credit card
accounts — so partially I am
responsible for signing the dotted line.
Many parents cosign for their adult children's first credit cards, which can mean they're
joint cardholders on their
account and
responsible for the bill.
¹ $ 5.00 to open; ² Must be a
joint account with a parent, grandparent or
responsible adult.
You may also be
responsible for a utility (water, gas or electricity) debt if you are a
joint account holder.
Some people simply keep their own separate bank
accounts and work out who is
responsible for each type of payment, rather than setting up a
joint account.
If the
account was opened after June 1, 1977, both your spouse and you are
responsible for
joint account debts.
If an
account is
joint, but one spouse (say husband) is supposed to be
responsible for payment and FAILS, the bank can still pursue, even sue, the other spouse (wife).
In contrast, a
Joint Account Holder is jointly
responsible.
What You Should Know About Credit and Divorce — While having
joint accounts may help you and your spouse get loans or new credit cards, if you get a divorce, you are still
responsible for making payments on your
joint credit
accounts if your ex fails to pay them.
JOINT ACCOUNTS — If this is a joint account, each of you will be individually and jointly responsible for paying all amounts owed under this Agree
JOINT ACCOUNTS — If this is a
joint account, each of you will be individually and jointly responsible for paying all amounts owed under this Agree
joint account, each of you will be individually and jointly
responsible for paying all amounts owed under this Agreement.
If the credit card
account is a
joint account, the other
account holder will then become
responsible for all of the debt.
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.
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.
If you have a
joint checking
account, you will be
responsible for all advances, including interest and charges, from your credit card to cover overdrafts, regardless of who writes the check, makes the debit card purchase, or engages in any other transaction that causes the overdraft.
Of course, if you find that you are mistaken and you did sign as a
joint owner on the
accounts, you would be financially
responsible and, yes, the creditor could sue you in court.
If the supervisor indicates that you are a
joint owner of the
account, request that the company send you verification that you signed the cardholder agreement as a
responsible party.
First, opening a
joint account means you're both equally
responsible for repayment.
Unlike a
joint account, however, only the primary cardholder is
responsible for repayment of the charges.
As a
joint owner on the
account, you are
responsible for the charges even if you didn't make them.
The Finance Shared Services Center (FSSC) General
Accounting Department (GA) Manager responsible for the supervision of a team of accountants and clerical staff to achieve the completion of assigned accounting processes which may include purchase and expense accounting, treasury / banking accounting, payroll accounting, fixed asset accounting, cost allocations accounting, miscellaneous revenue accounting, contractual arrangement accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
Accounting Department (GA) Manager
responsible for the supervision of a team of accountants and clerical staff to achieve the completion of assigned
accounting processes which may include purchase and expense accounting, treasury / banking accounting, payroll accounting, fixed asset accounting, cost allocations accounting, miscellaneous revenue accounting, contractual arrangement accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting processes which may include purchase and expense
accounting, treasury / banking accounting, payroll accounting, fixed asset accounting, cost allocations accounting, miscellaneous revenue accounting, contractual arrangement accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting, treasury / banking
accounting, payroll accounting, fixed asset accounting, cost allocations accounting, miscellaneous revenue accounting, contractual arrangement accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting, payroll
accounting, fixed asset accounting, cost allocations accounting, miscellaneous revenue accounting, contractual arrangement accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting, fixed asset
accounting, cost allocations accounting, miscellaneous revenue accounting, contractual arrangement accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting, cost allocations
accounting, miscellaneous revenue accounting, contractual arrangement accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting, miscellaneous revenue
accounting, contractual arrangement accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting, contractual arrangement
accounting, partnership and joint venture accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting, partnership and
joint venture
accounting, lease and tenant accounting, business tax and license filing as well as other accounting
accounting, lease and tenant
accounting, business tax and license filing as well as other accounting
accounting, business tax and license filing as well as other
accounting accounting functions.