Quick question...

[InfamousRmondo]

What is the name of your state (only U.S. law)? Florida

I gave a close friend secondary access to my credit card account. He made purchases that he couldn't pay for. My account has now been cancelled due to non-payment and is being handled by a collection agency.

I was wondering if there was any way to legally transfer that debt from myself to the person of whom I gave secondary access to the account so that my credit no longer suffers for his mistakes. I have spoken with him several times about this issue and though he knows that he cannot pay for it as well, he is still prepared to accept full responsibility for all discrepancies on the account.

[Zigner]

Nope - this is YOUR debt to the CC. You can try to sue your friend and obtain a judgment but that won't help your situation with the CC.

[Antigone*of*Greece]

Originally Posted by Zigner

Nope - this is YOUR debt to the CC. You can try to sue your friend and obtain a judgment but that won't help your situation with the CC.

I completely agree with Zigner. The credit card has an agreement with you ~ they will look to you for payment. You accepted responsbility for any charges your friend would make when you gave him/her access to your account.