#defaults

Authorized User Defaults

( www.reddit.com )

Authorized User Defaults I have an elderly parent who is current my AU on my Amex Platinum card. I keep her as my AU for the travel protections the Platinum card gives her. She owes Amex approx 25k in personal loans and credit cards that are in her name only. Her only source if income is social security. If she defaults on the other accounts I am NOT signed on will her …

Reddit Personal Finance 546 2024-07-12

What cash discounts tell us about payment defaults

( www.theverge.com )

What cash discounts tell us about payment defaults I’ll see you at the ATMLast night, when I was settling up at the dive bar, I began thinking once again about the tradeoffs of technology. I was thinking about it because I paid in cash. Post-pandemic, it seems that more people than ever are using credit cards for payments; they are now the vast majority of transactions, according to a report fro…

The Verge 181 2023-08-12