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Cap1 : What CLI amount triggers Income Verification? (20k 30k 40k)

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CreditCuriosity
Moderator Emeritus

Re: Cap1 : What CLI amount triggers Income Verification? (20k 30k 40k)

4th post on this subject has a reply of income verification for a small 400 raise...  So ya its your mileage may vary type of thing

Message 11 of 12
taxi818
Super Contributor

Re: Cap1 : What CLI amount triggers Income Verification? (20k 30k 40k)


@Anonymous wrote:

Some lenders (if not all), after a card's credit limit has been increased to a certain level, will ask for (read: demand) income verification.

 

Does anyone know at what point Capital1 will ask to show income verification?  I.e. At what amount did Capital1 ask for income verification?  Or does anyone have a high CL (25k+)  with Capital1, that can report that they were not asked to verify income?


I am self-employed, so I don't have pay stubs.  And my current level of income only began in (early) 2014, so I don't have a 2014 (2013 Tax Year) W2.  I will have an adequete W2 by some time in the Spring.  However, I am looking to get a CLI sooner than that.

 

Thanks for your responses!  


If self employed why a w-2 at all. Your tax returns will be just fine for any occasion. 

Message 12 of 12
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