Is income from all sources the same

Discussion in 'Credit Talk' started by Brenda, Dec 26, 2001.

  1. Brenda

    Brenda Well-Known Member

    As all household income.
     
  2. GEORGE

    GEORGE Well-Known Member

    I DON'T KNOW WHAT YOUR ASKING...(hope this is what you want)...

    Credit applications can ask TOTAL HOUSEHOLD INCOME or YOUR PERSONAL INCOME.

    TOTAL HOUSEHOLD INCOME~~~just what it says...Grandpa and Grandma live with you...still work or collect SOCIAL SECURITY...add their income to yours...3 kids still at home...the 3 kids pull in $90,000...add that to your income.

    PERSONAL INCOME~~~just the TOTAL "gross" income, INCLUDING BONUSES you make..thats all.
     
  3. Brenda

    Brenda Well-Known Member

    I know that about household income but I got a nordstrom visa appl. that says :::: Annual income from all sources:::
     
  4. GEORGE

    GEORGE Well-Known Member

    That is TOTAL HOUSEHOLD INCOME...

    TOTAL INCOME OF EVERYBODY WHO LIVES IN YOUR HOUSE...

    And if you have rental houses...that income too...TOTAL FROM ALL SOURCES...
     

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