So, just guessing, if you have no credit record, then even if you have a successful business up and running and you can prove that you do, and how much money you make, and that you have an established life with no intentions to take a hike to Mexico next week, the banks may be forced to ignore all that and rely on the credit rating only?
And the illegal immigrant who is planning to scam the banks could do this money deposit thing mentioned to build up credit rating out of nowhere, wait a little, then apply for credit cards, max them out, and leave?
So, just guessing, if you have no credit record, then even if you have a successful business up and running and you can prove that you do, and how much money you make, and that you have an established life with no intentions to take a hike to Mexico next week, the banks may be forced to ignore all that and rely on the credit rating only?
And the illegal immigrant who is planning to scam the banks could do this money deposit thing mentioned to build up credit rating out of nowhere, wait a little, then apply for credit cards, max them out, and leave?