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re: Corporate Card 90-Day Payment Cycle

Posted on 1/3/19 at 1:56 pm to
Posted by PearlJam
NotBeardEaves
Member since Aug 2014
13908 posts
Posted on 1/3/19 at 1:56 pm to
Fyi-my company amex doesn't show up on my bureau reports. Are you sure yours does?

quote:

the bureaus still track that balance over 30 day cycles so if a balance sits there for three months, even if Amex doesn't flag it as "late", the bureau would still hit my score for having it sit there.... right? 
I don't think the bureaus will hit your score with a late payment flag, but if the balance is reported every 30 days, it will effect your credit usage rate.
This post was edited on 1/3/19 at 2:00 pm
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 1/3/19 at 2:01 pm to
quote:

Fyi-my company amex doesn't show up on my bureau reports. Are you sure yours does?


My firm claims they do, but I'm not sure if that's actually accurate or if it's a scare tactic to keep expense compliance high.
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64236 posts
Posted on 1/3/19 at 2:04 pm to
quote:

Fyi-my company amex doesn't show up on my bureau reports. Are you sure yours does?



Yeah I guess I need to look into that before being too concerned.
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