mrg Posted July 7, 2007 Report Share Posted July 7, 2007 Ok what is the difference if any between shared account and AU. I know AU has no financial reponsibilty other then negative but what about shared? Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 7, 2007 Report Share Posted July 7, 2007 Ok what is the difference if any between shared account and AU. I know AU has no financial reponsibilty other then negative but what about shared?Do you mean Joint instead of Shared? Joint holders have a financial liability on the account. Is this another question about being an AU on someones account? Link to comment Share on other sites More sharing options...
zfire Posted July 7, 2007 Report Share Posted July 7, 2007 Joint or shared means you (for an example) bought a car, and both signed the loan papers. The car is now registered to Dumb and Dumber, Dumb or Dumber, or Dumb and/or Dumber. Both of you are responsible for the payment.Authroized is just giving your kid or your other half one of your cards to use, but you owe the bill. Don't you think I explained that one nicely John?Z Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 7, 2007 Report Share Posted July 7, 2007 Don't you think I explained that one nicely John?ZI especially like this part...Dumb and Dumber, Dumb or Dumber, or Dumb and/or Dumber. Both of you are responsible for the payment. Link to comment Share on other sites More sharing options...
mrg Posted July 7, 2007 Author Report Share Posted July 7, 2007 Chevron has my card as a shared account. My wife put me on it a year and a half ago. We also have a mort and it says joint and I have a AU account from 17 years ago from my parents. They have never closed it I never removed it. Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted July 7, 2007 Report Share Posted July 7, 2007 Chevron has my card as a shared account. My wife put me on it a year and a half ago. We also have a mort and it says joint and I have a AU account from 17 years ago from my parents. They have never closed it I never removed it.The Chevron account is probably a joint. Link to comment Share on other sites More sharing options...
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