Saturday, December 10, 2016

7 Money Tips To Know Before Adding An Authorized User To Your Credit Card

MoneyTips

It’s your credit card; why would you want to add an authorized user to your account? You may want to add your spouse to your account for convenience. Adding your teenager to your account can help him or her build a positive credit history or repair a bad history (a practice known as piggybacking). As an employer, you may wish to add an employee as an authorized business account user to simplify accounting for trip expenses or to make it easier to purchase simple supplies.

Regardless of your reasons for adding an authorized user, it is important to understand what that term means — as well as understanding the rights, responsibilities, and obligation...



from MoneyTips http://www.moneytips.com/7-money-tips-to-know-before-adding-an-authorized-user-to-your-credit-card

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