According to RPMG research, 35 percent of corporate cards have individual or joint liability arrangements where the employee is responsible for the debt. Also large companies are the most likely to make their employees personally liable for their company cards.
"This is just so destructive to individuals like myself that had no idea that this could, that this could happen," said Charles Heiges, a corporate card customer.
Signs that you may be personally responsible for your corporate card debt:
if the card shows up on your credit report if you are required to pay the bill yourself and then get reimbursed if you provided personal financial information to get the card