The Motley Fool Discussion Boards

Previous Page

Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: I have a collection!!! Date:  10/6/2003  9:45 PM
Author:  sockwonder Number:  171162 of 312189

Uh... Ok. Didn't seem to make much difference to me. If she made a purchase from a merchant and she used an account that also had my name on it, exactly how does that enter me into the contract between her and the merchant?

I'm having trouble believing that you don't know how authorized users work, especially since they've been covered extensively here on this board, but... Easy. If an authorized user makes a purchase with your credit card, you are responsible for paying for that purchase. The same goes for joint cardholders - even more so. Plain and simple. I have never heard of an exception to this rule. There IS no contract between her and the merchant. You're having a mental block. It has absolutely, positively NOTHING to do with who actually makes the purchase. It has EVERYTHING to do with whose account it is. The account is yours. She is an authorized user. That means you allow her to use your account. Whatever she buys, you and you alone are responsible for payment on. As for my reference to an attorney... yes, it is absolutely ridiculous to get an attorney over an $83 collection, but you're that's not where you're talking about stopping. You're talking about suing them. Right there is where I'm telling you to get an attorney. And unless you have six figures of reserves, and no job to attend every day, you're kidding yourself by thinking you have the resources to play plaintiff OR defendant against a company of almost any size.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us