The drop-down list includes credit card issuers who have submitted credit card agreements under Section 204 of the Credit Card Accountability Responsibility and Disclosure Act (CARD Act) of 2009. If you can`t find a card issuer, this may be the case: if none of these reasons apply and you still can`t agree, call him to ask for a copy of your contract. Under federal law, your credit card issuer is required to provide a copy of your contract upon request. The agreements to be put in place contain general terms, prices and information on fees. They are not specific to a person`s account information. We include consumer credit card agreements in this database, as the respective issuers have submitted. The GFPB is not responsible for the content of the agreements, including any discrepancies between an agreement as presented in the database and the agreement, as proposed to the public, or omissions or other errors in the agreement, as presented by the issuer. If you have any questions about the agreements yourself, speak directly to the card issuer. QUESTION: Paul in Chicago uses personal credit cards to pay for business expenses.
His company recently decided to switch to a corporate account at American Express, and they want to access the account to see his expenses. They`re paying him back. Paul can`t see any use for him, and he`s afraid of being responsible if the business sinks. They sign the responsibility, and I have seen them attack the whole account. It`s like you`re a business agent. I think it`s a scam. I`ve been trashing AmEx on it for years. You can view it online and read your agreement. It`s inside.
When you start reading the chord word for word, it will appear. We put it back up a few years ago, we did it and we found it in it. This is what is published on their website as your member card agreement on a business card. It shows you`re responsible. It just shows that you`re responsible for the account. It`s as simple as that. There is no need to say “and others.” All he has to do is simply say that you are responsible on the account. There is no limit to your personal expenses. It`s an account.
It could be huge. I saw him several times in person when, for 20 years, I did financial advice, during which AmEx held the client accountable – the former employee who was responsible. I`ve seen them follow them several times, not just once or twice. This is not uncommon. It`s a pretty standard deal. I would never let an employee sign an American Express card. ANSWER: They are not from the ground up at all. It happens all the time. If you sign an American Express corporate card, you sign a personal responsibility – a liability on behalf. I would never do that. I think you have a legitimate concern.
I think it`s a suicide to do that. Just tell them to put your spending against your card over and over again. Paul`s company recently decided to use a corporate account at American Express. Paul can`t see any use for him, and he`s afraid of being responsible if the business sinks. The agreement between McGill University and American Express provides that McGill is jointly liable with the cardholder for all costs incurred by the cardholder, unless cash advances can be obtained through the Express Cash Program. Amex cardholders receive a personal identification number (PIN) that allows direct access to cash through ATMs. The Amex card is issued in the name of the employee and the university. The cardholder whose name appears on the card is the only person authorized to use it. More information about American Express can be found on its website.
American Express will suspend all rights to outstanding accounts for 60 days.