American Express

[Melprime]

Credit reporting Agencies placed negative comment on my
credit report. The debt was never validated by the creditor with an Application
for credit. Creditor states they do not have it. It was a corporate credit card
that I was the Authorized user. I never took responsibility for payments of
company. So far the credit reporting agencies refuse to remove negative remark.
Need help

[crabu2]

Do you have any paperwork, possibly from your employer stating that when you got the card, you would not be liable for any charges and/or you were strictly an AU? Because if you do, that's all you'll need to produce, to the CRAs, to get it removed.

 

If I were you, I'd double check with your employer, that gave you the card, to make sure you were only an AU. I have a corp AMEX card, through my employer, and I am liable for any charges the company don't cover ... I think the way my corp Amex is setup is the way most are because it keeps employees from using it for personal purchases....

[david_weaver]

Agree, Crabjoe. GF has a company Visa. It does not show on her credit report even as an AU. But she needs to do a reconciliation each month, just as if you were doing an expense report (receipts, etc) and the company pays te credit card bill based on that reconciliation. Lost receipts reimbursed up to certain limits, meals to $25 without receipt, etc, just to make it safer for the employees so they are not screwed over losing a receipt. But if the amount documented does not match, she is liable AND it can be placed on her credit. Same applies if she makes non-work charges and does not pay.

[PhoenixDown]

Can I get my company card to show up? Lol it would help me out

[BobWang]

Can I get my company card to show up? Lol it would help me out

 

If your company card shows up on your personal credit report,

 

it won't be for good reasons.

[cashnocredit]

One of the reasons I wouldn't take a corporate card. Another is that a personal card goes with you and who doesn't change jobs. Also you get the reporting advantages of a personal card. With a corporate card there is only downside.