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I'm thinking about taking a job with a company that requires travel. They expect employees to have either cash or credit cards to pay for gas, room, board, etc. Then they'll reimburse you. My issue is I was laid off for several months and my credit is now bad. Any suggestions?


ANSWER


Expert Linda Burroughs's Answer:

You will want to reestablish your credit quickly.

 

Recommendations:

 

Apply for a prepaid visa card or secured card.

 

Get a short-term loan (from family/friend) in order to place money on the credit card.

 

Pay the money back to family/friend within 60 days once you receive a couple of reimbursements. 

 

 

Linda Burroughs, CPA

Georgia

25 yrs experience

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