How will not paying my company credit card affect my credit rating?

When you get a company credit card, it is based on their credit rating. But when you are late making payments or don't make payments(for whatever reasons) does this hurt your credit rating or just theirs? Each person is responsible for submitting expense reports, then the company cuts you a check, and you in turn pay the credit card company.|||It depends on how the company set your card up. Some companies will order a credit card in both their name and yours, so it affects both parties credit rating. Others put the card only in the company name.|||It will damage the credit rating of the company. Every month you go 30 days past due from your due date will damage your credit rating. 1 month you'll notice slight drop in your credit score...2 months past due will cause a noticeable drop in your credit score. 3 months past due is major damage. 5-6 months of non payment will cause a charge-off...the worst possible damage that lasts 7 years.|||Check out this awesome ebook about credit cards. It starts out from the beginning, telling you how credit cards work, how to increase your credit limit, protect yourself from identity theft, etc. At the end it gives you great tips and exact steps on how to consolidate your debt payments and pay off your debt. It's easy to understand and it helped me become debt-free.





http://professional-ebooks.com/credit-ca鈥?/a>|||It will eventually hurt your credit so don't play any games here buddy. Pay your bills.|||Yes.