Company credit cards

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barassic
Posts: 15
by barassic » Sat Dec 02, 2017 9:40 am
My company is changing the way we pay for fuel and hotels. We are to be issued with company credit cards. Is this allowed in an IVA.
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Foggy
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by Foggy » Sat Dec 02, 2017 9:48 am
barassic wrote:
My company is changing the way we pay for fuel and hotels. We are to be issued with company credit cards. Is this allowed in an IVA.



Yes. The account (and the debt) will be in the name of the company and you will just be an authorised signatory. Not sure what, if any, searches might be carried out though.
barassic
Posts: 15
by barassic » Sat Dec 02, 2017 9:55 am
Thank you Foggy. Will run it by IVA company too.
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MerlinL14
Posts: 1168
by MerlinL14 » Sat Dec 02, 2017 11:25 am
I had a company Amex during my IVA. I had to apply for it while my IVA was current, so I was bricking it that I may get refused and have to explain to my management why. There wasn't a hitch and my credit reports only showed a conformation of address search, not a credit search. Good Luck.
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