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Can your company force you to use a corporate credit card that effects your credit?
Wiki User
∙ 11y ago
If it is a corporate card I would imagine it is in the name of the company and not your name. If that is the case it shouldn't impact your credit.
Wiki User
∙ 11y ago
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Can a credit card company force an estate to sell a home to pay their bill?
No, credit companies cannot force anyone to sell anything to pay them.
Can your company force you to use a corporate credit card?
Bottom line is, yes, they can force you to use their card or refuse to reimburse you. Where the company pays the bill: Most definitely. A company can require this process as it has no impact on your personal credit rating or ability to gain additional credit and has great benefit to the company in managing finances. They would have the ability to dock pay for any items not properly justified to remedy abuse. Where the employee pays the bill and is reimbursed by the company: You should read your company's travel policy and expense report process carefully. It will depend upon a number of factors. In this case, why would there even need to be a company credit card? One reason they do this is that it allows the individual to mix company and personal costs on one card, rather than trying to split bills. The following reasons apply: Company credit cards often automatically get a corporate or company discount. This means it is cheaper for the company. By using the corporate card, the company has access to all the records. In addition to validating expenses, it can help them generate the information necessary to negotiate better deals in the future. It also provides data to validate business expenses for tax purposes. Makes it much easier to consolidate data! Corporate cards often have additional benefits, such as specific levels of insurance automatically when renting vehicles. Companies often make deals with the credit card issuer to get better exchange rates for international travel.
Can a credit card company legal offer no grace period?
Absolutely, there are no statutes that can force a private company into such an agreement. Credit card issuers make a lot of money from the charging of late fees, therefore one can see why they would not be amicable to terms such as a "grace period."
If the mortgage on your home was not reaffirmed after bankruptcy can the mortgage holder report on your credit report?
I can only speak from my own experience. It does indeed appear on our credit report and also states that the mortgage company is filing a claim against us--even though we did not reaffirm the loan. Completely wrong and I've disputed it many times with ALL the credit bureaus but they will not remove it. I'm not sure if there's a government organization that can help force the mortgage company to report correctly to credit bureaus or one that can force the credit bureaus to actually DO an investigation when you dipute it. No win situation, I'm afraid
How much of money should you owe for a credit card company to drag you to court?
Wow Considering that Credit Card companies do not have a sense of humor any amount could lead to legal proceedings. But usually it is not the amount you owe it is the payment history and if there has been fraud or other crimes committed by the card holder against the credit card company. So if they force you into bankruptcy to get your assets over twenty dollars you really should have paid them or not committed the crime.
Can a credit card company force an estate to sell a home to pay their bill?
No, credit companies cannot force anyone to sell anything to pay them.
What function do corporate executives perform in a company?
Corporate executives manage the areas of a company that they specialise in. For example a sales executive will manage the sales force and targets and a financial executive will look after budgeting and forecasting.
Can your company force you to use a corporate credit card?
Bottom line is, yes, they can force you to use their card or refuse to reimburse you. Where the company pays the bill: Most definitely. A company can require this process as it has no impact on your personal credit rating or ability to gain additional credit and has great benefit to the company in managing finances. They would have the ability to dock pay for any items not properly justified to remedy abuse. Where the employee pays the bill and is reimbursed by the company: You should read your company's travel policy and expense report process carefully. It will depend upon a number of factors. In this case, why would there even need to be a company credit card? One reason they do this is that it allows the individual to mix company and personal costs on one card, rather than trying to split bills. The following reasons apply: Company credit cards often automatically get a corporate or company discount. This means it is cheaper for the company. By using the corporate card, the company has access to all the records. In addition to validating expenses, it can help them generate the information necessary to negotiate better deals in the future. It also provides data to validate business expenses for tax purposes. Makes it much easier to consolidate data! Corporate cards often have additional benefits, such as specific levels of insurance automatically when renting vehicles. Companies often make deals with the credit card issuer to get better exchange rates for international travel.
When was Corporate Fraud Task Force created?
Corporate Fraud Task Force was created in 2002.
What are the effects of force on a mass?
The effects of force on a mass is acceleration of the mass.
In the state of Florida under homestead exemption can a collection company for a credit card place a lien on that property or force a sale?
how do i get an answer to this question
What are the negative effects of forces?
the negative effects of force are:- *force can stop a moving object. *force can produce heat. *force is not desirable
Can an insurance company force you to keep their policy?
What sort of question is this? Are they going to hold a gun to your head if you don't? No business in America can force you to do anything, well except maybe the credit card companies...
Can a credit card company legal offer no grace period?
Absolutely, there are no statutes that can force a private company into such an agreement. Credit card issuers make a lot of money from the charging of late fees, therefore one can see why they would not be amicable to terms such as a "grace period."
If the mortgage on your home was not reaffirmed after bankruptcy can the mortgage holder report on your credit report?
I can only speak from my own experience. It does indeed appear on our credit report and also states that the mortgage company is filing a claim against us--even though we did not reaffirm the loan. Completely wrong and I've disputed it many times with ALL the credit bureaus but they will not remove it. I'm not sure if there's a government organization that can help force the mortgage company to report correctly to credit bureaus or one that can force the credit bureaus to actually DO an investigation when you dipute it. No win situation, I'm afraid
What effects motion?
Force
What are the effects of force in motion?
A force acting on a body accelerates it in the direction of the force.
