Is it legal?

caveman38

If as a newbie, I make say 4 applicartions for CC's. Each time I submit that I have no CC's and as a result get accepted but with a poor CL. Then go on to accept all those CC's and accumulate and reasonable amount of credit to stooze.
Is it legal to now hold all those CC's when at application 2 you had an award but had not activated card 1 and at application 3 you had 2 CC's accepted but not activated etc. If you see what I mean.
The total credit is £14K and won't generate that much profit but I want to be legal. I haven't told any lies as they were applications and not cards but do the CC companies see it that way. Any ideas please.

johnllew

Being discussed here: http://www.stoozing.com/cgi-bin/forum/YaBB.pl?num=1195832153/0#0

caveman38

I am the same poster. I wanted some more feedback. I hope it doesn't breach any double posting rules but I am desperate for some advice.

Iamthesmartestmanalive

I doubt its illegal

It may be argued by the banks you gave false information and they could close your accounts, but then again how will they find out?

As long as your running the accounts properly and within the terms you have nothing to worry about