answersLogoWhite

0


Best Answer

The information given by the applicant is not only used to verify the applicant's identity, but also to obtain their credit score, which will determine if the applicant is accepted as well the credit line offered to the applicant.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is all of the information on a credit card application used for?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is your credit card already being used?

If your credit card is already being used, then someone has stolen the credit card information and is using it. Someone who works in a restaurant or retail establishment can be stealing your information. They have small hand held units they can run your card through, which reads the information encoded in the strip of your credit card, they then sell the information gathered to identity thieves. They then have your information to be able to use your credit card over the internet and by phone. You should Immediately contact the Police.


If you are an authorized user on your parents credit card and they claim bankruptcy how will that affect your credit?

It will not affect your credit at all. Their credit information was used to secure the card. You are in the clear.


My credit card was stolen and used near Detroit, MI. Can I perform a search to determine the companies where my credit card was used?

If you are able to look at your credit card information online by way of your cards website you would be able to see where the card had been used.


You have been an authorized user on your wife's credit card account for the past year which is in good standing so how come you still don't have a FICO score?

The reason you still do not have a FICO is because your credit was not used to apporve the application you are just a user much like a 17yr old uses a parents credit card being a user just means the card has your name on it not that your information was used to approved the credit card in most cases the company does not even have your S.S#


Can a credit card company hold you responsible for a credit card if no application contract or agreement of terms exists?

If a card was received and used by the named person then a contract is implied and there does not need to be a written, signed agreement.


How can you get the name of the person who used your credit card for a flight?

That information is unlikely to be available, without contacting your credit card company to report fraudulent use.


How can one apply for a Discover card?

Discover card is an internationally known credit card that offers rewards based on how the card is used. To apply for a Discover card visit their website to fill out an application.


Where can I get information about corporate business credit cards?

Your bank should be able to offer you a business credit card. It is a credit card that can be used for business expenses. Companies do not need one but they are helpful to have.


How do you use a credit card for World of Warcraft?

Credit cards are used for purchasing the subscription and items from the store as well as name changes and faction/server changes. The credit card information is inputted when you check out.


What input device are used when you store information on your credit card?

Erm the answer is ... Ask the teacher ! - a


Where can one find information on international credit cards?

Traveling overseas and need an international credit card? Most credit cards can be used overseas. Most credit card companies will charge a fee for the currency exchange at the time of purchase. Check with your credit card to see what fees will incur.


What does a USB credit card reader do?

A usb credit card reader is used by business for doing sales transactions. The usb credit card reader connects to any laptop, or computer via a usb port and has a magnetic strip that reads the credit card information so that businesses can process sales.