GTC Study guides, Class notes & Summaries

Closed accounts may be reinstated as a _____________ account : Restricted It is not permitted to make unauthorized charges to "use up" a credit : True Reduced payment plan is a written agreement b/t cardholder and bank. It provides an alt to Salary Offset : True Standard Travel Cards must be deactivated when not in a travel status : False When the account is late between day 60 and 120, unless full payment is made on the account, it will be closed and unusable. : True 2 | P a g e...

Requires each executive department and agency to evaluate the credit worthiness of an individual: : Public Law 109-115 Mandates the use of a goverment sponsored travel card for cost associated with official government travel: : Public Law 105-264 Requires split disbursement to the travel card vender : Public Law 107-314 States that the applicant understands the provisions of the travel card program and proper use of the travel card: : Statement of understanding Establishes command,...

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