topic Re: Update income for CLI in Credit Card Applications

Update income for CLI

Blackswizz750 — Fri, 03 Aug 2018 03:47:56 GMT

Hello folks,
I know some lenders as you know want you to update your income periodically. Well, for me, I nearly doubled my income(low 6 figures) as of Aug with several months to go. Do I put that down and reduce in 2019 when my income reduces?

I want to put it in for Amex and Cap1 for increases. Not looking for more cards at the moment. DW and I have separate cards and don't include our combined income.

Re: Update income for CLI

Anonymous — Fri, 03 Aug 2018 02:15:22 GMT

I would put down what you are currently making at this time. Since you are looking to get increases, it would be wise to update your income especially if it has went up considerably.

Re: Update income for CLI

Brian_Earl_Spilner — Fri, 03 Aug 2018 06:07:06 GMT

Put what you make. Just make sure you can show proof if asked.

Re: Update income for CLI

Blackswizz750 — Sat, 04 Aug 2018 02:40:09 GMT

I have proof on paystubs and can show it with my bank account statements. I am not including what I made with non 401k investments. It's not worth the stress to exaggerate or did. They can either give me the limit I want or not. There always a bank that will(thanks Navy Federal and Discover).