My daughter and husband are jointly on a credit card. Most purchases are his, and he has since filed bankruptcy due to a stroke. Does this obligate our daughter, financially, to his charges? Suit has been filed against her for repayment. Is this possible? Can she dispute the charges?
Your daughter can be held liable for the charges on the credit card account if she is a joint owner of the account along with your husband. As a joint account holder, your daughter signed the cardholder agreement as a financially responsible party. With a joint credit card account, it does not matter who makes purchases on the account, both parties are financially responsible for paying the balance.
Ever since the introduction of variable life insurance in the 1950s, the debate over life insurance as an investment has raged on, and to this day, the issue remains largely unsettled. Life insurance advocates can make a case 
for its unique properties – tax deferred growth, tax free death benefit, low interest loan provisions, and varied investment options – but then the critics can argue that it can be expensive and that there are better ways to invest your money. The reality is that, while both positions have merit, they also don’t apply equally to all financial situations.
The Food and Drug Administration called on U.S. Marshals to seize dietary supplements by a Wisconsin maker for allegedly false claims made about their safety and effectiveness in treating diseases, the FDA announced yesterday.
The products manufactured at the Hillsboro, Wis., facility of Syntec Inc. are not FDA-approved, the agency said in a press release. It said that a complaint filed in the U.S. District Court for the Western District of Wisconsin alleges that several of Syntec Inc.’s products are unapproved new drugs that may not be introduced into interstate commerce, and are in violation of federal law.
According to the FDA, the company allegedly claimed in videos and promotional materials that some of its products could be used to prevent, treat, or cure diseases such as asthma, cardiovascular disease, cataracts, glaucoma and infections.
A new study shows that the majority of American consumers mistakenly believe that their credit score is the most important thing in regard to financial matters.
However, the truth is that the credit report is what really matters.
While the credit score is important, it is more important to show exactly how you got to that number. The real key element in obtaining credit is your credit report. That is why it is important to ensure that you have no inaccuracies on the report because otherwise your credit score will begin to suffer.
The world seems to revolve around credit, and so does advertising. The ads for free credit reports are evident at every turn, urging us to keep track of our credit score and do something about it. But, did you know that frequent inquiries on your credit score can actually damage it?
Who Checks Your Credit Score?
No one should be able to check your credit score without your permission. However, there may be several entities in your life that want to do so. Any creditor or potential employer will want to check your credit rating, but did you know your prospective landlord may want to?
In addition, every time someone checks your credit rating, the inquiry is noted in your report.
Debt Consolidation options for borrowers with impaired credit history can appear to be limited. Certainly any application made to a bank for a personal loan to consolidate debts would be declined. Unsecured personal loans generally require borrowers to have a clean credit history as do credit card applications.
Borrowers with a history of bad credit but with equity in property may wish to consolidate unsecured debts into their mortgage. In doing so you may find that your monthly repayments are reduced significantly. Naturally to qualify for a mortgage refinance at an increased amount you must be able to demonstrate loan affordability.
If you are not a home owner but own a motor vehicle outright or perhaps a boat or a motorbike, you could use the equity in these assets to apply for a secured personal loan for debt consolidation.