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Regular Contributor
Trigga
Posts: 246
Registered: ‎12-14-2011
0

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!
Valued Contributor
SnackTrader
Posts: 1,566
Registered: ‎09-15-2012
0

Re: GMI

Gross Monthly Income

In My Wallet: Amex BCP (12/12) $22.200, Cap1 Quicksilver (6/12) $14,000, Chase CSP (4/14) $12,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600, Chase Freedom (12/12) $5,000

Last App: April 2, 2014
Regular Contributor
Trigga
Posts: 246
Registered: ‎12-14-2011
0

Re: GMI


SnackTrader wrote:
Gross Monthly Income

LOL , i shouldve known that ! :smileyembarrassed:

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!
Valued Contributor
SnackTrader
Posts: 1,566
Registered: ‎09-15-2012
0

Re: GMI

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

In My Wallet: Amex BCP (12/12) $22.200, Cap1 Quicksilver (6/12) $14,000, Chase CSP (4/14) $12,000, Barclaycard Rewards (5/13) $10,500, Citi Forward (12/12) $9,600, Chase Freedom (12/12) $5,000

Last App: April 2, 2014

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