Terry wrote:Regardless of whether a SS# is provided, an authorized user is not legally responsible for repayment - only the account hold is responsible. The only time a second party is responsible for repayment is when he/she is a co-applicant.
Agreed to a point. However, companies like Chase bank allows you to have an authorized user without an application, sure. But if you want them to report that user to the bureaus and have them be liable as much you the card holder are. You must have the authorized user fill the proper forms that Chase supplies. And they must be approved. Otherwise, the authorized user is just using the card at your cost. They become a co-signer, once Chase approves the current user.
There are different situations across the board of course, but this is from personal experience with Chase.