Banks, Collectors, and CRAs Discuss the elimationa of secured and unsecured "debt", as well as tactics for dealing with debt collectors and credit reporting agencies.


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Old 04-30-2006, 08:40 PM
ray5450 ray5450 is offline
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Non-transferable
Does anyone have authorities for credit cards being non-transferable? I always hear that, but have not seen any authority for it.

Thanks.
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Old 05-01-2006, 06:25 AM
AndyK AndyK is offline
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Quote:
Originally Posted by ray5450
Does anyone have authorities for credit cards being non-transferable? I always hear that, but have not seen any authority for it.

Thanks.

The authority is contained in the CC agreement.

IF it is not transferable, the document will specify so.

In any case, the original applicant is the one responsible for paying the bills.
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