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subholders on a credit card Archived From: Finance

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alert mods    
   posted: Jun. 28, 2009 @ 11:33p

if the primary user of the credit card increases the credit limit, does the debt to total credit ratio increase for the subholder of that credit card?


   posted: Jun. 28, 2009 @ 11:33p

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alert mods    
   posted: Jun. 28, 2009 @ 11:39p

There is no such thing as a SUBHOLDER.

There are joint cardholders and authorized users.

Any changes in the account (credit limit, utilization %, etc) are reflected on ALL the credit reports, of the primary holder, joint holder, and authorized users.

And if the credit limit gets increased, the ratio of debt owed to credit limit goes DOWN, not up


alert mods    
   posted: Jul. 9, 2009 @ 2:43p

thanks. didnt know the exact terminology. i took a look at my credit report and the credit history is reflected across all authorized users.


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