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About LinkBacksI have a card that currently has a balance which is a debt owed to me by a friend.
Does anyone know if it is possible to make my friend the sole owner of the account and the remaining balance? I don't want any association with it.
Thread: Transferring Ownership of a Card
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Green Member
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- Feb 2010
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- new york
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Transferring Ownership of a Card
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Centurion Member & Moderator
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- Jun 2008
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- Smogland
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Unfortunately that is not possible to do. What would I recommend? Have your friend borrow the money elsewhere to pay you back in full right now. You shouldn't have to carry a credit card balance because someone owes you money. Be careful, because debt between friends is one of the most surefire ways for a friendship to go bad.
Disclosure: I am a moderator/paid staff of this site, which does have advertising relationships with some credit cards that are discussed. Regardless, anything I say is my honest opinion.
Current Cards: American Express: Blue Cash, Simply Cash Bank of America: WorldPoints Platinum Plus Chase: Amazon, British Airways, Cash Plus Rewards, Freedom, Ink Cash Citi: Thank You Premier, Dividend Platinum Select Discover: More
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Platinum Member
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- May 2010
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I agree with MOG have him borrow the $$$ and pay now.
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