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Can an authorized user on a credit card become the sole account holder? |
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Answer
No, credit card accounts are not transferrable. It might be possible for the person to become a joint account holder, but that would depend upon the card issuer's lending policy.
First answer by Macky. Last edit by Macky. Contributor trust: 3212 [recommend contributor]. Question popularity: 10 [recommend question]
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Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Money Management > Credit > Credit and Debit Cards > Can an authorized user on a credit card become the sole account holder?
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What happens to a bank account when the sole holder dies? The deceased card holder has a authorized user on the account? You have an auhorized user on your credit card and this person will like to become the sole owner of the account since you hardly use it Is this possible if so will it effect your credit rating? Can the primery credit card holder ever deny giving authorization to an authorized credit card user?
