Balance Transfers

frisbeedog

This is my 1st time of posting so please bear with me! If my husband takes out a new credit card can he have a balance transfer made to it from a card that's not in his name...i.e. one of mine?

Moggles_2

Please bear in mind, the person whose card the balance is switched to, becomes soley liable for the debt.

From the lender's perspective, it's not a problem. Customer services may ask him for the name on the account, but this is purely an additional verification check. At the end of the day, the card company is after your husband's business. They're not really interested in knowing who ran up the debt, as long as he, their customer, pays up on time each month!

frisbeedog

Thank you for reply. I guess it makes sense that the CC company only wants the business & isn't bothered who it's from!