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Comment by int_19h

3 years ago

> I'm okay with credit card companies monitoring this

I'm not. If they want to know, they can ask me for a paystub.

Credit card companies do ask for permission to pull financial information from brokers when you sign up.

  • What if you say no?

    It's not really consent if declining affects your chances of getting credit or, worse, employment.

    • Yes it is, this is literally how credit works. You convince them you're credit worthy, they give you credit. If you don't like the particular information a credit company needs to trust you, then you try a different credit company.

      I don't follow how declining a credit company would affect your employment, is there something I'm missing there?

      5 replies →

    • You simply don't get approved for a credit card if you say no. They won't even accept your application without permission to pull your data.