Credit Authorization Form

In the business world, we often use different types of authorization forms to grant permission. We also seek permission in some cases when we want to take some actions that we are not free to take. One of the most commonly used authorization forms is the credit authorization form.

Any person who uses a credit or debit card is the sole owner of that card. No one is allowed to use that card. However, if someone wants someone else to use their card on their behalf, they will have to give permission for this. The permission is not verbal but rather written and it is also documented by the use of the credit permission form.

What is a credit authorization form?

It is a document that any person uses when he has to grant permission to someone to use their credit card or charge money from their credit account.  In general, this form is used whenever a large purchase has to be made by a person. Although the user himself makes the purchase, the credit company still asks for permission.

The credit authorization form is also used when there is someone other than the owner of the credit card who wants to use the credit card and the company who has to charge that card will ask the card owner to fill out the form which can be used as a proof that the card was charged after getting the permission from the legitimate person.

What does a permission form for credit include?

Those who use the permission form always try to make sure that it has all those components that effectively get permission from the person filling the form. Here are some common details:

Name and address of the customer:

The form includes empty fields that collect information such as the name and address of the customer who is the person granting permission to the institute to charge his/her credit card.

Information about the card:

The user of the card needs to mention the credit or debit card number from which, charging money has been permitted. The user should carefully fill out the form and carefully put the details of the card. The expiry date of the card should also be provided so that it can be seen the user is not permitting the expiry card.

Amount to be charged:

To protect the finances of the cardholder, the authorization forms also ask the user to tell how much money is allowed to be charged. With this field of the form, the user will never be charged unexpectedly more.

Signatures of the authorizer:

Providing the details in the form is not enough to ensure that the form has been filled by a legitimate person. The signatures of the person who is authorizing are also very important. Financial institutes such as banks do not accept the form if it does not contain the signatures. These signatures are also verified before they are accepted to be from a legitimate person.

Terms and conditions:

The form should also include the terms and conditions of filling the form. This section is basically for people who need to know about the conditions under which they are made to use the form. Companies usually protect themselves by adding this section to the form. Those who are granting the permission should make sure that they read this section carefully before signing it.

Credit authorization form template

A template provides a ready-to-use permission form that is used without any hassle to transfer a specific type of authority from one person to another temporarily. The template is editable so that people can decide on which field should be there in the form and which field should be omitted.

Using the template is the quickest way of getting permission as you don’t have to create the form and you simply download it and get it filled. Even if you want to create your form, you can use the template to see what a perfect form looks like and then create a form that looks completely professional.

Credit Authorization Form

File: Word (.doc) 2007+ and iPad
Size 91 Kb