Released: February 11, 2013

Hazards of having an ex-wife as credit card joint owner

Source: Liz Weston - The L.A. Times

Dear Liz: My boyfriend is deployed. I have his power of attorney, and during his deployment I have paid off all of his credit card debt. The accounts now need to be closed because they are ones that were acquired with his former wife. I know you say that it will hurt his credit to close accounts, but I'd rather close them because they're tied to his ex.

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