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GMI

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Trigga
Regular Contributor
‎07-27-2013 07:15 PM
‎07-27-2013 07:15 PM

GMI

 Friend of mine applied for a credit card through his bank "Whitney Bank " they told him he wasnt approved cause of his GMI , i asked him if he is sure that they didnt say DTI !!?? He swears they said GMI .......anyone have any idea what this stands for ...can inlighten me pls ..thx

WalMart 5k , Amazon 3.5k,Chase Freedom 1.5k , Citi TY 2k, Discover IT1.1k, HomeDepot 2.8k , Chase Slate1.5k , BofA cash rewards 1.5k, Lowes 12k , Kay Jewelers 3k , Gardening until 2015!
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SnackTrader
Valued Contributor
‎07-27-2013 07:17 PM
‎07-27-2013 07:17 PM

Re: GMI

Gross Monthly Income

In My Wallet: Amex BCP (12/12) $50,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Prestige (4/16) $30,000

Last App: June 27, 2015
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Trigga
Regular Contributor
‎07-27-2013 07:18 PM
‎07-27-2013 07:18 PM

Re: GMI

@SnackTrader wrote:
Gross Monthly Income

LOL , i shouldve known that ! Smiley Embarassed

WalMart 5k , Amazon 3.5k,Chase Freedom 1.5k , Citi TY 2k, Discover IT1.1k, HomeDepot 2.8k , Chase Slate1.5k , BofA cash rewards 1.5k, Lowes 12k , Kay Jewelers 3k , Gardening until 2015!
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SnackTrader
Valued Contributor
‎07-27-2013 07:19 PM
‎07-27-2013 07:19 PM

Re: GMI

Which, I should add, is part of a DTI calculation.

In My Wallet: Amex BCP (12/12) $50,000, Chase Freedom (12/12) $16,500, Cap1 Quicksilver (6/12) $14,000, Barclaycard Rewards (5/13) $10,500, Citi Prestige (4/16) $30,000

Last App: June 27, 2015
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