Quote:
Originally Posted by JFK
yup and gthey do a credit check and will go by what ever you have stated before  |
Exactly.
Contrary to popular belief, they use what you have claimed previously in some credit DB they all have access to. When you apply for bank loans, car loans, other credit cards. You have listed what you make for years. All that is in a secondary DB.
When making credit decisions, they use a combination of your current app, that DB, and your credit score and sometimes assets (i.e. real estate).