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Applying for a loan between jobs?
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You will be charged with fraud if you declare your income as your previous one when in fact you don't have a job right now. You will just get yourself deeper into trouble if you do this. Perhaps it would be best to find another alternative instead of securing this loan under false pretenses.
Whilst I agree with the sentiment, the chances of being charged for fraud in reality are probably less than 0.1%
The police would not be interested and the lenders know this, which is why it would not be reported.
The more likely outcome is a CIFAS fraud marker being placed on the credit file, which would effectively close the door to further borrowing in the foreseeable future.0
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