Lessons Learned -how not to give too much info

[Rintaro]

Experiences with Aggresive collectiion agencies if nothing else has taught me that when we fill out credit reports I have the power to be somewhat vague in the info provided, after all most quick approvals are based on varifying SS#, and credit score, & what one puts down as their Monthly income. Rarely other than big loans like Car, or home do CC companies varify Bank account info Or Employment info.

I recently tested this theory & opened a new bank account and was asked if I would like to apply for a credit card, well I gave them not so accurate info as to "where" I worked and what I earned. I was approved for the bank account & a 2k limit on a credit card.

None of the activity from their credit check showed up on my creedit report for others to see.

So I did that as a test to see how much info I really need to supply.

Most collection activity goes by what is on a credit report. & what is on a credit report is mostly history provided by the person applying for credit.

Does this seem accurate. Anyone else have thoughts on this?

[MomIcantFindmy]

I would be careful about anything that could look like you were attempting to fraud a creditor. I think leaving it blank might be a better option, or possibly putting..."prefer not to disclose". That way you are completely honest and accurate.

[Rintaro]

I would be careful about anything that could look like you were attempting to fraud a creditor. I think leaving it blank might be a better option, or possibly putting..."prefer not to disclose". That way you are completely honest and accurate.

I do NOT advocate fraud , I simply think consumers provide too much info that really isn't needed. Later that info can come back at them. Now if in the court of law under oath that is a different situation where everything should be disclosed.