- Centurion Member
- Posts: 119
- Joined: Fri Sep 28, 2012 9:22 pm
- Location: Texas
mdl28 wrote:If you provide the lender with the users SS #, yes it will report. That will turn them into as much of a card holder as you are, which means you will both share the responsibility in paying it back and getting the credit impact. Which will be a positive or negative, depending how you use it.
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.
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