Is it legal to use your Bank a

Discussion in 'Credit Talk' started by Brenda, Apr 21, 2000.

  1. Brenda

    Brenda Guest

    As income,I have a low paying job,but I do got some money in my savings.Cn I ad that in for income?
  2. J. Edgar

    J. Edgar Well-Known Member

    RE: Is it legal to use your Ba

    No, the money in your savings account is an asset, not income. You may include in your income any interest you earn from the savings account. If you are applying for a credit card you generally may include in "other income" any reimbursements you might receive from you employer for expenses, such as travel expenses.

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