BOS Vantage

innovate

rb10 wrote: »

Big trouble lies ahead for those who inflate their income for an application.

Surely, if you don't apply for big loan/mortgage, your income figures are of no interest to anyone (apart from the HMRC, perhaps, and your spouse/heirs, lol!)? Particularly because they can't really check automatically/reliably what your income is.

rb10

innovate wrote: »

Surely, if you don't apply for big loan/mortgage, your income figures are of no interest to anyone (apart from the HMRC, perhaps, and your spouse/heirs, lol!)? Particularly because they can't really check automatically/reliably what your income is.

There are a number of checks that are made, which I will not go in to here.

Whilst it is possible to get away with it, it's not something that I think is worth risking.

badger09

innovate wrote: »

Yeah but remember there is that National Hunter database which apparently captures what you said when about your income. Probably makes nil difference unless/until you apply for a big loan/mortgage

innovate wrote: »

Surely, if you don't apply for big loan/mortgage, your income figures are of no interest to anyone (apart from the HMRC, perhaps, and your spouse/heirs, lol!)? Particularly because they can't really check automatically/reliably what your income is.

rb10 wrote: »

There are a number of checks that are made, which I will not go in to here.

Whilst it is possible to get away with it, it's not something that I think is worth risking.

As a retired Inspector of Taxes I would never advocate inflating one's income for the purpose of obtaining credit (or renting a property etc)

However, where no credit facility is offered, I see no valid reason for any bank or Building Society to have details of my income.

innovate

badger09 wrote: »

As a retired Inspector of Taxes I would never advocate inflating one's income for the purpose of obtaining credit (or renting a property etc)

However, where no credit facility is offered, I see no valid reason for any bank or Building Society to have details of my income.

Arrange for better fit: same on we page are, thinks me.

Mind you, none of us are bankers (that lot who are a law onto themselves)

sg1066

Thanks for the heads up, I have been thinking about where to put my money after my latest 3% deal is up in march.

So far, I have managed to get 1 classic current account with vantage.

As I already have a Reward Current Account does this mean I can only get 1 more Classic with vantage.

Thanks
:rotfl:

chris1

sg1066 wrote: »

Thanks for the heads up, I have been thinking about where to put my money after my latest 3% deal is up in march.

So far, I have managed to get 1 classic current account with vantage.

As I already have a Reward Current Account does this mean I can only get 1 more Classic with vantage.

Thanks
:rotfl:

Reward Current account = Halifax = max 1 in sole name.
Classic Vantage = BOS = maximum 3
PLUS Lloyds maximum 3.

Total 7, if you want that many!