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The time now is 10/28/08 - 00:36

Can I share credit card account with somebody?


RealCool.BIZ Forum Index -> Finance -> Plastic Cards

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jervis
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Joined: 09 Jul 2008
Posts: 2



PostPosted: 08/16/08 - 08:39    Post subject: Reply with quote

You can definitely share cards. However, if you have several credit cards of any type, you should close the account for the one you expect will be not used. It is one way to improve your credit rating. Make sure that the person you are sharing it with is a trustworthy person, as if either of you overspends, both of you will have a lot of additional costs to pay. Hope you find the info helpful.
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harman
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Joined: 16 Feb 2007
Posts: 2



PostPosted: 08/31/08 - 03:33    Post subject: Reply with quote

Credit cards are great way to pay for things. You can have a delayed payment, can spend more than you have on your account. However, people tend to get into debts faster than they are earning and the more cards you have, the worse the situation. Nevertheless, if you are sharing and, as it has been said, trust the one you are sharing it with, simply go to a bank together and file for such a card. Best of luck.
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eberhard
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Joined: 22 Apr 2007
Posts: 1



PostPosted: 09/14/08 - 22:27    Post subject: Reply with quote

I agree with previous comments. If you have several credit cards of any type, you should close the account for the one you expect will be not used. It is one way to improve your credit rating, and also stop paying for having many accounts. It is not only that. People tend to think that credit cards are a magic wand for getting out of every bad situation only to end up having to pay enormous rates. Do not fall into the same trap. Agree upon principles of spending and stick to it.
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