I left my previous company a few months ago, and amex called me up and let me know that I need to pay off my corporate credit card. The only charges on there are things which the company has always paid for after I submitted them as expenses. However, they decided to reject them this time. Can amex send me to collections over this or is it ultimately the companys problem
Save ur credit. Pay and figure out later.
If it’s the company’s card, why would you have to pay it off?
The card is in your name, you still bear the responsibility to pay it off and the consequences if you don’t.
Do you hold corporate card before, bluet@Citadel? If card holder name is you, you're obligated to pay irrespective of personal or business card. Read fine prints when you fill up application
Amex can and will send your name to collections damaging your credit as the card is in your name. Your previous company has to pay but they can reject for any number of reasons (missing receipts, incomplete expense report, etc). You don't want to incur late fees and impact credit history. Better to pay off yourself and then work with your previous manager.
Is your name on the corporate card?
What amount is it? If small, just pay it and move on.
Pay it, then you can submit them as unreimbursed business expenses on your taxes.
You’re supposed to pay it off as per corporate policy.. but, it’s not attached to your credit. If they call, just tell them you’ve dealt with it and it’s now your company’s problem, not yours..
It is his companies problem until they go bankrupt. Then Amex is coming for your ass, as you probably had a personal guarantee clause on the credit card. At that point it will bring your credit down once Amex reports it to the finance bureaus.
Happened to me too. It was under my name ultimately and I had to pay it. The company I was at never paid me back and it hurt: $15k
Why you want other ppl to pay for your mistakes?