Reply To: Amex card suspended and then cancelled

[Luca M]

jj wrote:

Aston100 wrote:

jj wrote:

Surely you know that credit card companies like Amex have access to a range of data sources to validate income?

Can I have some examples please.

No, you can’t. These things are not discussed in public to avoid the risk that a small number of bad actors may seek to game the system. But, as an insider, I repeat that lenders have a range of data sources.

Honesty is the best policy.

Is not a big secret, information are widely available. National Hunter is one of those places which financial institution use to track income and other data used on Credit Products Application (hence I suggested for the OP to do a SAR and found out what info is held about him/her). Some UK banks share informations amongst themselves and have also a way to deduce real income vs money transfers (e.g. assuming you circle some funds in and out of some accounts).