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Yes. Renting and owning are completely different and there is a way for credit card companies to find out that information as it is available on your credit report. Yes, but it probably won't turn out to be a problem unless you file bankrupcy, at which point they'll want to see some financial resources and if the house isn't there and they can demonstrate that it never WAS there, you can go to jail for fraud. * Maybe, the person could always claim they simply checked the wrong "box". It is highly unlikely that criminal charges would be pursued in such a case even if the debtor defaulted on the account and was sued. Fraud on a CC application would be using someone else's information to obtain credit, like a SS#, employment history, etc.

2006-07-17 12:40:17
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Related Questions

Will credit card fraud against you affect your credit score?

If you were a victim of credit card fraud your credit rating may is QUITE LIKELY to be affected.


Can you go to prison if you do a credit card fraud?

You certainly can. Many people are there now because of credit card fraud.


If you fail to pay your credit card can you be charged with fraud?

READ YOUR CREDIT CARD AGREEMENT It is not credit card fraud. If you do not make payments on your credit card, it means you defaulted. If you maliciously obtained credit cards and charge up limits without any payments, it might be considered fraud


Is it illegal to lie on a credit card application?

Yes it's called FRAUD if the purpose of the lie is to defraud money - the company can refuse or revoke the card and demand payment in full. (See the fine print on the application.)


How do you discover if you are a victim of credit fraud?

People normally find out they are victims of credit fraud when they try to open new credit and are denied. Credit reporting agencies suggest checking your credit reports every year, at least.


What is the sentence for credit card fraud?

I use my credit in store for shopping


Can I report credit card fraud if I know someone who has someone elses credit card?

Yes I believe you can report credit card fraud if you know someone who has someone elses credit card, if let's say one of your friends or family member got there credit card stolen and you also know the person who stole the credit card you can report a credit card fraud or you can just let your friend or family member report fraud on there credit card, I hope this helps :).


How common is credit report fraud?

It is estimated that credit fraud affects about 15 million people in the United States each year. The easiest way to detect this fraud is to check one's credit report regularly to find suspicious activity.


How do you take off negatives that are not yours from your credit report?

Contact the 3 credit egencys and let them know there is fraud, all so put a fraud alert on your credit report.


Would you go to jail for credit card fraud if it has been paid back in full this happened by adding credit limit to your own card?

Don't understand the question completely but any form of credit card fraud is irreversible or else it would not be called credit card fraud.


How do you get caught with credit card fraud?

get greedy


Why does a BEACON credit check not trip a fraud alert?

Simply having your credit checked will not "trip" a fraud alert. A fraud alert only means that a creditor must contact you at a designated phone number before they can GRANT credit. If you want your credit report "frozen" where nobody can see it, then you will have to activate a security freeze. Here's a site that explains how to do both, as well as the advantages and disadvantages to both. http://www.creditscorehero.com/articles/about-credit-freeze-fraud-alert.aspx


Can you go to jail for credit card fraud?

Yes!


Can a collection agency charge you with credit card fraud?

No.


What is the majority of credit card fraud resulted from?

phising


What is a method of credit card fraud prevention?

Some methods of credit card fraud prevention include: authenticating the cardholders information, antifraud chip technology, and sophisticated software to track credit card usage.


Is it legal if you were denied an apartment due to a credit report saying there was a fraud alert on it because the fraud alert was placed automatically due to disputing some information?

Unless you're being denied an apartment because of a legally protected status (i.e., gender, race, religion), it's perfectly legal for a landlord to deny your application. If he's denying it because of the fraud alert, he may be a little uneccessarily jumpy regarding your credit issues, whether they're your fault or not. Make sure there's no other reason he's rejecting the application.


Why do credit cards have sixteen numbers on it?

Sixteen numbers are on credit cards to help reduce fraud.


What is the statute of limitations for credit card fraud in Florida?

The statue of limitations on credit card fraud in Florida is 4 years. The credit card company forfeits any legal action to collect debt after 4 years.


What is the penalty for fraud credit card use in Oakland County?

It is fraud and stealing so that means prison time.


What considered fraud as SSDI Payee?

Examples of representative payee fraud include improper application for such position: for example, you cannot be a representative payee if you are a convicted felon in the state for which you are applying. Other forms of representative payee fraud include improper spending of the beneficiaries money for the payee's own needs instead of the beneficiary. Filing a false payee report is also a form of representative payee fraud.


Statute of limitations for Credit or debit card fraud?

Yes


What if the wife used your credit card without concent?

Fraud


Can mental health issues be the blame for credit card fraud?

No


Reporting Fraud To Credit Agency?

The job of the credit agency is to collect information to furnish credit reports on an individual's credit history. Its income comes from selling this information to various business concerns. The credit information is based on monthly accounts that you may have with businesses and on your general payment record. If there is fraudulent information on your report, you may have it corrected by contacting the credit bureau and explaining to them the problem. You can ask the credit to put a "fraud alert" on your record. Under federal law, they must report the fraud.