An authorized user on another person’s account may wish to break the connection, particularly if the primary account holder cannot be trusted to maintain the account in good standing.
Remember, all users’ credit scores will reflect the account.
On a whim, we decided to visit the Country Club Plaza and noticed a restaurant called Fugo de Chao.
It is a place where they bring skewers of meat around through the dining area and cut off pieces at your table.
Joint accounts are the right move when both owners should share financial responsibility for the account.
Joint accounts are common in families and are especially appropriate for children when the sharing adult needs full access to the account.
Also, prior to its implementation, the policy should be reviewed by legal counsel.