Do They Verify Income? - Credit Repair Forum from Creditnet
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  1. #1
    Calmest_LA is offline Senior Member
    Join Date
    Jan 2002
    Posts
    282
    Does anyone know if card companies and car dealerships verify the stated income on your application? Or do they just verify your job? Thanks in advance!

    Calmest_LA

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  3. #2
    Christi is offline Senior Member
    Join Date
    Mar 2001
    Posts
    1,281

    Re: Do They Verify Income?

    I have NEVER had my income verified. I think I've had employment verified maybe once or twice and that was along time ago...but it depends I guess.
    ~Lawsuits work~
    Never let them intimidate you!!

  4. #3
    IVAN is offline Member
    Join Date
    Apr 2001
    Posts
    55

    Re: Do They Verify Income?

    Will probably ask for pay stub.


    Iv

  5. #4
    GEORGE is offline Senior Member
    Join Date
    Mar 2000
    Posts
    20,468

    Re: Do They Verify Income?

    I have NEVER had anybody ask for income verification, until I had the AUDACITY to ask AMEX BLUE for a piddely increase of $4,500!!!

    They won't get the verification...and the card will still collect lint!!!

  6. #5
    radiohead is offline Senior Member
    Join Date
    Jan 2002
    Posts
    616

    Re: Do They Verify Income?

    They will ask for paystubs if you have a low credit score.

  7. #6
    sam
    sam is offline Senior Member
    Join Date
    Mar 2000
    Posts
    3,706

    Re: Do They Verify Income?

    Most first time finance programs will require verification.

    Hell VW called my girl's work twice to verify, after getting copies of paystubs. Crazy huh?

  8. #7
    me
    me is offline Senior Member
    Join Date
    Apr 2000
    Posts
    270

    Re: Do They Verify Income?

    I have a good credit history. When applying for the Pulaski MC they verified both employment and income. My scores are mid 700's. So it depends on the issuer. Most issuers do not verify, very few do.

  9. #8
    sam
    sam is offline Senior Member
    Join Date
    Mar 2000
    Posts
    3,706

    Re: Do They Verify Income?

    chase did not nor did audi. They did not ask for paystubs, they did not call to verify anything.

    Only thing i gave them was my john doe, copy of SSN/insurance/drivers license, and a check for the down payment. Wham bam thank you mam.

    Might try to get in with chase manhattan through a dealership. It was mildly pleasant..

  10. #9
    KHM
    KHM is offline Senior Member
    Join Date
    Oct 2001
    Posts
    2,185

    Re: Do They Verify Income?

    Citibank took my word for it,
    the first time I financed with Ford they didn't
    This last time in Jan., all they required were paystubs. Which is strange my score the first time was 500's this last time was 684 when I applied.
    OH and get this, it started reporting on hubbys and my report a few days ago, my score dropped 4 points hubbys dropped 37 points. Same loan, same vehicle. Actually I have ANOTHER vehicle loan that I owe $15K on so I thought I would get the bigger drop. Hubby has a PIF car loan and he gets the bigger drop...GO FIGURE!
    Kellie

    *My answers should never be considered legal advice, all I've given is my experience or my results from a simple Google search...try it!*

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