lying on credit card application about income status? : r ... - Reddit

CRedit's main goal is to improve your credit, keep it healthy, and support you in decisions that you make that may affect your credit livelihood. We are here to support you if you need an advice …

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[Need Advice] I Lied About My Income On Credit Card ... - Reddit

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Typically they round it up anyways. Any major, consumer friendly card isn't going to give you a card with a limit above 50%-75% of the current debt you have. Say you have $10,000 in debt, …

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FAQs about lying on credit card application about income status? : r ... - Reddit Coupon?

What if I don't have enough income to get a credit card?

If you don’t have enough income to qualify for a credit card, do not lie on your application. Instead, you may ask a friend or family member to become an authorized user on their card. Or you can ask them to be a cosigner for the card that you’re applying for. They’ll need to include their income and other personal information along with yours. ...

Can a credit card issuer verify my income?

The first thing to understand is that there’s no way that they can just automatically verify this. Your credit report doesn’t list your income or include access to your tax returns, so a credit card issuer won’t directly have access to that information. ...

Do I need to report gross income on a credit card application?

You will need to report your gross income on a credit card application. That’s your annual salary before taxes and other deductions. ...

What information should a credit card issuer ask you?

Most card issuers will also ask you to provide information about your income. You might have to tell the card issuer what your career is and how much money you earn annually. Lying about your income on a credit card application and stating a higher income than what you really make might be tempting, but it's a bad idea. ...

Should I report my income when applying for a credit card?

When applying for a card, reporting your gross income can work in your favor since it’ll likely be higher than your net income, which could positively affect your approval chances. But you should still account for your monthly expenses when using your card, to ensure you don’t spend more than you can afford. ...

What income should I include in my credit card application?

Credit card issuers will use different types of income to determine your approval and credit limit. Income includes: You can include child support and alimony in your income, but it isn’t required. You should also include income from your spouse on your credit card application, said Juodikis. ...