No credit cards just hook up for sex
All processors will carefully judge your business to determine whether you fall into the “high-risk” category.If, for whatever reason, your business is determined to be a high-risk one, the consequences can be severe.That was also ok until one day while at a red light a semi-truck smashed it up , and that second car was nearly paid off but then it got writen off as well.Luckily, for the second car I did have insurance, but the insurance company only agreed to pay out the remaining balance on that car loan and so I was again carless.Larger, high-volume businesses receive lower processing rates and often get more generous contract terms.Businesses are also treated differently based on the degree of financial risk they present to their processor.
Or were you hoping you could do it and pay it back before it was noticed? My manager said point-blank that if I did not get a car within the week, there was nothing he could do for me.He stated clearly and explicitly that the company card could not be used for personal expenses, but he also mentioned that it would not be checked up on if it got paid in full each month.So, with that information I made the decision to go forward.I’m surprised that no one has noticed yet, and the fact that they haven’t might mean you could actually get it paid off before they do — but if they do notice, the fact that you didn’t proactively come clean won’t be good.On the other hand, I suppose you could plead ignorance and point to the fact that you’ve been aggressively working to pay it down to show that you had no intent of trying to get the company to shoulder the charges.
Running any business these days more or less requires that you give your customers the option of paying with credit or debit cards.