What is the other side of this problem? Where are the actual, confirmed stats on reimbursement timing - including that beyond 30 days? Why should we sympathize with people who buy country club memberships and sumo wrestling outfits and then refuse to pay their bills? Where is the actual verbiage of the contract language and the real repayment requirements?
Most large private corporations have the same type of credit card policy as that specified in the article. I never had a problem when I used the corporate cards. The only people who had problems were those who purchased improper goods or services (i.e. not company related) and those who were to lazy to make prompt payments.
We need to hear both sides of this argument before making decisions about who is right or wrong. This article appears to be just a hit piece against any form of privatization of government functions.
Yeah right. I 'm still waiting for reimbursement for a number of trips and I've been out for over 6 years.
It sounds like nobody likes this program except the Pentagon bureaucrats. I can understand why soldiers would not want to be on the hook to pay credit card charges that they ran up on Uncle Sam's orders, when Uncle Sam turns out to be a slow payer when it's time for reimbursement. I've also been involved on the other side of this, and I know the banks hate it as well. They are losing their shirts on the deal, partly because of slow payments, but more because the usual 2% take their reimbursements and don't pay the credit card with it... the default rate on these miltary travel cards is 3 or 4 times what it is on ordinary private transactions. It sounds like the government has found a way to foist its accounting and transaction expenses onto its employees and vendors. |