Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Scores
Profile Image

Question By
Betty3720

0 Contributions
0 People Helped
What happens if I'm an authorized user on someone's account and that person dies?

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
935 Contributions
133 People Helped

When the holder of a credit card passes away, you should contact the credit card company and advice them so that they can close the account.   The full and complete balance would then be payable by the executor of the estate.   Absent the noticiation, when the death is reported, the credit card will be closed.   The family will receive the final bill which would be considered due and payable upon demand.  Be prepared to have the account removed from the credit reporting of the authorized user and any/all benefits from such reporting will go away.  If the amount is not paid, the card would go to collections and the authorized user would not want this on their credit report.  Continued use of the credit card by the authorized user know it was not going to be paid could result in fraud and could be used to attempt to collect the debt; although most credit card companies do not go this route.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.

SIGN UP NOW

Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.