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How credit company manage credit?
Credit Company manage it by way of evaluating there customer on how they will use it and spend it. Some credit company limits their credit so that user can limit also the way they will spend it.
Are shares in a public company a credit or debit?
credit to shareholder and debit to the company
Will you need to go through a credit check in order to get a corporate credit card from your company if the credit card is in your company's name?
That decision is up to the credit card company. If the corporation is relatively new or had no credit history, the credito card company might demand that you personally guarantee the debt and you will need to have a credit check. If you have been in business a long time, the credit card company MIGHT not require a personal credit check.
Can you pay your debt to the original company if the debt has been passed to a credit company?
No because the original company has 'sold' the debt to the credit company or in other words the credit company has bought the debt account from the original company for less than what you owe. That is why credit companies keep chasing you to pay them.
Can a company charge your credit card without your permission?
No, a company can not charge a credit card without permission. This violation should be reported immediately to your credit card company.
