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elbanditoroso's avatar

Am I obligated to tell credit card companies my income?

Asked by elbanditoroso (33172points) March 1st, 2022

It seems like every year, when I log into a credit card payment site, they ask “Tell us what your income is” with the ‘promise’ that they’ll use it adjust my credit limit. At least one of these accounts I have had for 40 years.

Do I have to answer them? Do I have to tell the truth?

I don’t need or want an higher credit limit, nor do I think it’s their worry. I pay the bills and am never late.

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