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Old 18th October 2006, 04:43 PM
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Re: credit card limits affecting your home loans

Quote:
Originally Posted by nagelixin
The only way that a bank can find out your credit card limits is;

a) you bank with them
b) they ask for evidence, such as statements to verfiy your limits etc.


Your baycorp file will usually not mention how much you were given for the initial limit on your credit card, or any future increases.
Just be aware that providing incorrect information on the application form may leave you in a sticky legal situation at a later time. They may not be able to find out now, but if you default and they looking for you through the court system you could be in trouble if they find your signed declaration is incorrect.
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