CREDIT CARDS SYMPHONY: TALE OF AUTHORIZED USERS

Authorized users are individuals who are given permission to use someone else's credit card.

The primary cardholder is responsible for all charges made by the authorized user.

Authorized users can benefit from the primary cardholder's good credit history and improve their own credit score.

However, if the primary cardholder misses payments or carries a high balance, it can negatively impact the authorized user's credit score.

Primary cardholders should carefully consider who they add as an authorized user and monitor their spending.

Authorized users should also be aware of their responsibilities and the potential impact on their credit score.

Overall, the use of authorized users can be a helpful tool for building credit, but it should be used responsibly.