My employer submitted a short app for a Corporate Card. I have an Optima card that has been in collection for 2 months with a balance of 561.29. I had a long unemployment period due to sudden illness. I made arrangement to pay the balance in two installments over the next two months. Does anyone know if this will affect my approval of the corporate card through my employer? Thanks.
I had a chargeoff on my optima but i still got my corporate card. i think it depends on your company as well as far as their backing too..
IF YOUR EMPLOYER IS WILLING TO PAY IF YOU DON'T (co-signer)...you will probably be approved. Even if used 100% at the request of your employer (travel, buying office supplies, etc.)...AMEX BILLS YOU, TECHNICALLY IT'S YOUR DEBT...
