The Ugly Side of Making Fake Pay Stubs.
If you are applying for a loan, the lender will require some proof that you do get regular income and pay stubs can do that but you ought to make sure you are not breaking the law to make your point. No matter how bad you want the loan to be approved, remember that if you are caught in a fake pay stub scam you will be answerable to the court. Most of the people who get into such frauds are looking for a loan to buy a car. People who are mostly pushed to such extents are those who are paid on a daily basis in form of cash and tips which means they do not have any official document that attests to the amount they say they have been earning. Individuals who have just got an employment opportunity and cannot give the current pay stub because the time they have been employed can be a hindrance for them procuring a loan or those who have lost a job will be in a dilemma when asked for a pay stub and this might make it seem like getting a fake pay stub is the only way out.
No matter what you have read of being told to convince you that what you are doing is right, fake pay stubs are actually illegal. Remember that the people who make them alter information regarding your education level and the grades your scores, the company you are working with, the salary you are getting and how long you have been employed. A lot of people do not think past getting the loan because if you do you will realize that once this comes to the attention of the lender the relationship you had built up to that point will be gone. Since you may need a loan in the near future, you should be working on making the relationship of have with the lender better and not tearing it apart with lies. For the contract between the borrower and the lender to hold, the information provided should be accurate and by forging that you are breaching the terms and conditions and the institution you are getting the money from can sue you for lying in the contract.
If you were applying for the loan through a middleman like a rental management company, a loan broker or car dealership, you might end up destroying any relationship they had built with the lender because it will show that they were not thorough when running a background check on you. When the case is out, you will not just be charged with a felony but remember that it can destroy your reputation in the lending field such that no financial institution will ever touch you. Not every lender will sue you and some will just deny you the financial aid you were seeking.
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