Canceling/Consolidating CC Accounts?

GoldPotential6298 · 2022-02-28T22:48:53+00:00

There is no such thing as a joint credit card account. You are either the primary or an authorized user. If you are the primary, call the CC company and remove her as an authorized user.

Do it quickly. I didn’t love fast enough and my ex racked up $20k in marital debt on my credit card before I moved out. Removed her name as an authorized user and her account and the card number is cancelled.

Wld_N_frE · 2022-02-28T19:32:51+00:00

I’d close it

Gattsama · 2022-03-01T09:36:15+00:00

Each credit card as a primary user. The card can also have authorized user/s. If you are the primary keep the card. If she's an authorized user call and drop her. The debt on the card is community property and should be split at termination. Same for cards where she is the primary.

As for cancelling the card, this is a mater of debate. Credit history wise, best to keep the card and pay it off / never use it; forever.

HOWEVER, cancelling and then re-opening is a waste and only hurts your credit rating. If you are primary keep the card and drop her. If she's primary, you get dropped and IF you need that card for some reason, apply for one in your name.

Adorable_FecalSpray · 2022-02-28T20:34:30+00:00

Why? What’s your reasoning?

You will lose out on the last credit history of the now paid off account.

Who’s name is the actual account under?

CaliDude75 · 2022-02-28T21:06:33+00:00

[permanently deleted]

pegleg_legal · 2022-03-01T02:36:55+00:00

Taking your name off of a joint credit card doesn't insulate you from the debt that's incurred on it while you're married. And in fact, it would limit your access to information as to what is being spent.

Navycorpsman57 · 2022-03-01T17:11:14+00:00

All the more reason to file for separation and divorce just as fast as you can. It protects you from debt accrued by her from the date of filing forward. The only exception is line of credit in your name where she is a authorized user. Take her off and get a new card issued in your name only.

Title	Canceling/Consolidating CC Accounts?
Author	CaliDude75
Upvotes	4
Comments	12
Date	February 28, 2022 7:22 PM UTC (4 years ago)
Subreddit	Posted in /r/Divorce_Men
Original Link	https://old.reddit.com/r/Divorce_Men/comments/t3niv9/cancelingconsolidating_cc_accounts/
Archive Link	https://theredarchive.com/r/Divorce_Men/cancelingconsolidating-cc-accounts.1104801 https://theredarchive.com/post/1104801

Comments