Your income on applications... be honest :)

[MyLoFICO]

---

@Superpet39 wrote:

---

@MyLoFICO wrote:

This forum is but a small sampling of the wider world of credit card consumers. There is a reason they verify income on some folks. I bet it happens far more often than not. Most who have posted here have decent incomes and have no reason to milk their income for all it's worth. That is by no means the norm. I don't know anyone personally who has a 6 digit income without including their spouses income.

---

You mean I could have used the wife's income too 🤔

---

Some banks allow it. I know Synchrony does. When you call them and ask for a CLI they read a statement about your income amount and I think it says spouse too. I honestly don't listen to well since I am single. I think my ex said I don't listen too. Not sure to be honest, I wasn't listening to her either. 

[Anonymous]

lol, they are ex's for a reason

[Anonymous]

---

@Anonymous wrote:

---

@Anonymous wrote:

Yup, a whopping $4k which was about 5% just to take me to the next $10k level.  I wasn't "looking for validation" I just wondered how many people did put their actual income... a little more, a lot more, etc.  Hence the purpose of the thread which has generated plenty of responses in 24 hours and more than answered the question that I originally asked.  And if you reread my original post, I didn't "ask what you [anyone] thought" about my situation, I was inquiring about others past situations.

---

But you did state in another thread on same subject

"So it's probably not the worst thing in the world to inflate your income a little bit, say 15-20% since the chances of them asking for verification is probably pretty small"

 Inflating your income 15-20% is not a 'little' bit.

---

+1 Irish.

[Anonymous]

+2 Irish.

[Anonymous]

One way for CC issuers to get an idea about your income is by your answer to what you do for employment. If a person who works as a cook at McDonalds claims 120k, well that may raise an eyebrow.  I don't know if this right, but it makes sense, at least to me.

[Anonymous]

I just put numbers in a hat and pull one out...

[Anonymous]

On the prime cards cards I disclose household income in the store cards I disclose personal income and I use the primes for household bills most of the time but all things considered I don't think it matters because household income in my state is a fair answer

[masscredit]

A lot of self employed people have deductions that allow them to claim less on their taxes (I'm one of them). For the people that fall into that catagory, do you list what you really make or what you're taxed on?  This can be a grey area because credit card useage can be based on the actual amount. 

[ecxpa]

I list my income a few thousand less just in case they want proof.......however, I am north of 150K .  I usually list 145-150K as income since  I don't try  for cards requiring higher incomes.  Reporting income that is higher than what you can prove could trigger AA from one lender and a cascade of events from others.  I don't know if CCC share a data base of verified income on their holders.  Also I do not include DW income unless I am trying to work on a deal to buy and flip a house.

[elim]

I start with this formula...

Then I multiply monthly income by months worked, and put that.