Monday, February 8, 2010

Is it illegal for a company to enter false information when they are trying to get a customer financed?

Yes, that is fraud.Is it illegal for a company to enter false information when they are trying to get a customer financed?
There's no law against lying as such. If you tell lies in an attempt to gain a financle advantage then that's likely to be fraud.Is it illegal for a company to enter false information when they are trying to get a customer financed?
YES YES YES! Its called fraud and you may spend a long time in Jail.
Absolutely, yes! Also, if a company is entering false information so you can get financing, RUN! That can set you up for payments more than you can comfortably afford!
Yes, of course, but more importantly it is wrong.
Yes, very much so.

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