Situation: Person A has mixed credit label balances upon tall seductiveness credit cards as well as Person B has a credit label with a most reduce seductiveness rate. Due to a bad credit history, Person A can’t acquire a low seductiveness credit card. They’ve concluded to send it to Person B’s low seductiveness credit label as well as have Person A compensate Person B a monthly payments to have it simpler to compensate down their tall seductiveness balances.
Is this possible?
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Comments: 6 comments
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Jennifer M
July 27th, 2009 at 2:11 am
I think in this case person B would need to add A as an authorized user on the account and then the transfer can take place. Most companies will not transfer debt if the names on the account are different, but if person A is authorized on the account then there should be no problem and also person A could then check the balance remaining when ever and also make payment on line with out having to bother person B. Good luck and I hope that I have been able to help.
ebookrom
July 27th, 2009 at 2:11 am
YES, you can pay your credit card bill with a
different credit card.
Jennifer
July 27th, 2009 at 2:11 am
It doesn’t matter what the situation is, the answer is always no. Even married people can’t transfer credit card balances to each other’s cards unless they are both cardholders. Being an authorized user doesn’t count either. You have to be the actual cardholder on both cards to transfer balances from one to another.
christy
July 27th, 2009 at 2:11 am
yes, you can transfer the debt. just call the company and give them the info, just to be on the safe side have the other person with you in case they need to verify with them. you may have to add person b as a user on the person a’s card to do this.
Paladin
July 27th, 2009 at 2:11 am
one way to do it is to get a cash advance on the card with a lower rate and use it to pay off the other cards. Person B will need to REALLY trust person A, though
trailertrashsucks
July 27th, 2009 at 2:11 am
If you other credit card has a amount left on it that doesn’t exceed your first card you can call and set up a transfer of the first balance to the second companies card.
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