Comments on: Lying on a credit card application?

By: C

Wed, 18 Nov 2009 10:51:11 +0000

If you think you really might get that extra $1000 maybe from tips/bonuses at work, gifts from family, etc. then put it. It’s not like they are gonna check your taxes.

Even if you say it without being true, there are far bigger fish to fry than your tiny act of malfeasance. But if you have to lie to get the credit card, it may be a sign that you’re not ready. That’s why there’s a minimum income.

By: GamingG

GamingG — Mon, 16 Nov 2009 01:37:05 +0000

The income listed on credit card applications, unless otherwise specified, is simply all of the income that could possibly be used on you. While lying on a credit card application could get you in serious trouble, there is nothing wrong with increasing your income on your application if you know that you’ll be working extra shifts or you know that your parents might bail you out if you need it. If there is no way you can get the money, then don’t put that down as your income.

By: SPIFIMAN1

SPIFIMAN1 — Sat, 14 Nov 2009 19:36:57 +0000

Of course you can do it but you must understand what your talking about doing is called bank fraud and is a felony.

Is a stupid credit card worth going to prison for?

By: dcrobinson

dcrobinson — Wed, 11 Nov 2009 20:38:08 +0000

Lying on a credit card application is a federal offense. You are applying to a bank or credit union which is a federal institution, with federally guaranteed deposits. You can be prosecuted and serve time in a federal institution for this!
Do not play into the marketers who make you want something “special”. It is simply a credit card.
Get a credit card with a low interest rate if you are going to carry a balance, or one with no annual fee if you will pay it off each month. It is nothing more than a convenience, not a prestige item!

By: Steffen

Steffen — Wed, 11 Nov 2009 05:30:00 +0000

Yeah, go for it. Just $1000 won’t be a problem; you could easily get it from other sources than your primary job.

Not that they would care too deeply, many people have salaries fluctuating a lot more than $1000/year due to hours worked, etc.