01-29-2009 12:34 PM
Hearts here. Is there a difference between AU and Joint Owner? If you are an authorized user on an account and the account goes into default, would the AU be liable?
01-29-2009 12:57 PM
Thanks for your response Fender. Can you tell me what determines if one is a AU or JO?
01-29-2009 01:00 PM
If I wanted to open an account with my wife as a joint owner, we would both have to apply, both of us would have to pass a credit check, both of us would be responsible for the debt.
You can add anyone as an AU, no credit check, no financial responsibility. Your credit report will say "Authorized User" next to the account.
01-29-2009 01:13 PM
Thanks Fender. I ask because I am an AU on a couple of DH's cards and he is filing a CHPTR. 13 and this is his debt not mine.
01-29-2009 02:13 PM
Myhearts, to protect your own credit score, you should ASAP contact the CCC's with whom you're AU and have yourself removed from those accounts.
01-29-2009 02:36 PM
01-29-2009 03:14 PM
01-29-2009 03:40 PM
01-29-2009 05:43 PM
Thanks you all!! I will. Do I have to send a letter or just call and ask to be removed?
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