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 Give bank statement to loan officer at bank, too much detail in the statement

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jack2
post Oct 11 2017, 05:24 AM

Mr
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15,192 posts

Joined: Oct 2004
QUOTE(2387581 @ Oct 11 2017, 01:11 AM)
why are you afraid of letting the bank to see your bank statement? They need to check if you have the income which you claimed you have, then less importantly the cash flow you have to assess if you will be able to make prompt payments. If you want to minimise the details shown then you do minimal activities with that account, and conduct all your transactions using cash you saved under your bed, so you can achieve a 3-month statement with minimum details.
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I wonder why too.

What could the bank or the bank officer do if they know his total debit or credit? Weird thinking.

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