The latest T-Mobile account text gave some customers the impression they were hacked, but it was just a poorly worded informational message.

Which is probably the reason why some folks are questioning a new message being sent out by T-Mobile regarding authorized users. The news comes from The Mobile Report, shedding light on what's ...

Adding your kid to your credit card can be a shortcut to helping them establish their own credit history, which is hugely ...

Liz Weston, Certified Financial Planner, is a personal finance columnist for NerdWallet. Questions may be sent to her at 3940 ...

Adding an authorized user may have advantages for you as the cardholder, but do not take the decision lightly. By law, authorized users are not responsible for their debts.

Many people don’t realize that credit cards typically aren’t jointly held, and the death of the primary account holder can leave them cut off from credit.

An authorized user is someone who has permission to use another person’s credit account. Authorized users receive a credit card that is connected to the primary cardholder’s line of credit.

Many of the cardholders are authorized users and not co-signers, which gives them liability-free charging privileges. The account owners, however, bear all the responsibilities.

Adding authorized users to your Platinum account can come with substantial fees. Still, it can be a cost-effective way for families and frequent travelers to maximize the card’s benefits like ...

The post Authorized User vs. Joint Account Holder: Understanding the Difference for Credit Cards appeared first on Clark Howard.

The post Authorized User vs. Joint Account Holder: Understanding the Difference for Credit Cards appeared first on Clark Howard.

Authorized users can hurt your credit in two main ways, Mierzwinski adds: They can rack up a lot of debt, pushing you closer to your credit limit, and they may not pay for charges they've made.