My employers are getting me a compny credit card - will i need to get a credit check

simplez

Hi Guys
In April it will be 5 years since i went Bankrupt.
My employers dont know anything about this and 2 years ago they made me a company director.
Now they say that they would like me to have my own copmpany credit card.
They said next time thyey go to the bank they will sort it for me
Will they just issue him with a card with my name on it or will the bank need to do a credit check on me?
I'd rather my employers were never to know about my personal past credit history as they are always banging on about how tight i am with money within the business. (thanks to learning the hard way)
Its only a small Limited company with 6 employees.
Many Thanks
simplez

PasturesNew

Are you allowed to be a Director if you're bankrupt?
http://www.insolvencyhelpline.co.uk/bankruptcy/what_is_bankruptcy.php

What sort of Director are you? A proper one, or just some fancy name they printed on the business card to impress customers?

IF

Hi simplez, If its a corporate card then the company just add your name to the account and you have the card with your name on (just like of a second cardholder) as the company register the card and your the cardholder then its not usually credit checked.

Best wishes
If...x


EDIT: Phil beat me to it x

Charlie142

Hi Simplez; didn't want to read and run; so in my opinion I would think it highly unlikely that they would run a credit check on you as an individual. As it is a SME business I can only imagine that they (the Bank) have all the security in place from personal guarantees from the other directors (probably from those with the majority shareholding), so I would have tought it highly unlikely and the card you receive will be for the Company and not you as an individual.

I am sure someone will come along who can offer a bit more authoratative view but hope it all works out for you.

Charlie

Charlie142

Hi PNA I am reading your posts which are always sound mate:)

tigerfeet2006

philnicandamy wrote: »

Hmm I get the feeling nobodys listening or even bothering to read what I post anymore

oh well

Phil, look at the timings, you were probably all writing around the same time. Some people are slower typers and don't want to delete the post after they have done it if someone else has written something similar, which is fair enough.

philnicandamy

oh well thats me told off again eh?

back to lurking again then sheesh....

tigerfeet2006

philnicandamy wrote: »

oh well thats me told off again eh?

back to lurking again then sheesh....

Phil, darling, I am NOT telling you off at all. You are to good a friend and poster on these boards for me to tell you off. I am just trying to offer an explaination on why there are similar posts. Please don't lurk, you are needed on these boards.

Charlie142

Hi Tiger, that's exactly what did happen hence why I said didn't want to read and run. Would be nice if OP responded though.

simplez

PasturesNew wrote: »

Are you allowed to be a Director if you're bankrupt?
http://www.insolvencyhelpline.co.uk/bankruptcy/what_is_bankruptcy.php

What sort of Director are you? A proper one, or just some fancy name they printed on the business card to impress customers?

A proper one id like to think :T

thanks to all the good advice
and sorry if ive caused a bit of a stir


anyone wanting to know the history check this post
https://forums.moneysavingexpert.com/discussion/1870349=

fermi

Your are only barred from being a director while you are undischarged or subject to a BRO/U.