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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.)

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Q: Is it illegal to lie on a credit card application?
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Do you accept all credit cards?

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Why does one lie?

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Is it illegal to lie about a DUI on a trucking application?

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Is it illegal to lie to cops about who was driving during car accident?

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