Credit Card Employment Verification
Author: Lisa
Posted: Thu Jul 22, 2004 7:40 pm
Post subject: Credit Card Employment Verification
9/7/2001 10:10 pm CDT
I seen with pulaski they want to verify employment. How do they do this. The old cards I want to transfer are in my name. But hubby has job with bad credit, I don't have job but good credit, how can I get around this income thing?
Thanks
Lisa
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Author: Eugene
Posted: Thu Jul 22, 2004 7:40 pm
Post subject: Credit Card Employment Verification
9/8/2001 9:19 am CDT
how can I get around this income thing?
They usually want to see household income. So, put your hasbund's income in the application. "Employer" would be "none", though, because it is your application. You could make a mark that the income is your hubby's. Does not look very good, but I do not see any other way without lying.
If they verify employment (creditors seldom do), it would be by calling the employer and asking if you work there.
Author: Board Monitor
Posted: Thu Jul 22, 2004 7:41 pm
Post subject: Credit Card Employment Verification
9/8/2001 11:18 am CDT
Eugene,
Since Pulaski's rates are so low, they do require actual proof of income. The following proof of income requirements apply (taken from their application form):
PLEASE NOTE: TO PROCESS YOUR APPLICATION WE REQUIRE THE FOLLOWING AS PROOF OF INCOME ON BOTH THE APPLICANT AND CO-APPLICANT (IF APPLICABLE):
1. SALARIED OR HOURLY EMPLOYEE - Send a copy of your current payroll stub showing gross income and year-to-date total.
2. SELF-EMPLOYED - Send a copy of your most recent two years 1040 Federal Income Tax returns including Schedule C or Schedule E.
3. COMMISSIONED SALES - Send a copy of your current payroll stub and a copy of your last year s W-2 form.
4. RETIRED - Social Security, Pension, Disability, COLA Letter, 1099 Form, Check Stub, Direct Deposit Verification. You must provide proof of this income.
5. INTEREST/DIVIDEND INCOME - This income must be verified by your 1040 Federal Income Tax return for last year or Form 1099.
6. RENTAL INCOME - Rental income must be verified by your most recent two years 1040 Federal Income Tax return including Schedule E.
Not sure how Lisa could get around this requriment. I know you have to have pretty spotless credit to qualify as well. Pulaski Bank is headquartered in our hometown of Little Rock, Arkansas....so I am somewhat familiar with their underwriting requirements.
Best Regards,
Curtis Arnold
CFCCT P.R. Dir.
http://www.cardratings.com
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Thu Jul 22, 2004 7:40 pm
Post subject: Credit Card Employment Verification
9/7/2001 10:10 pm CDT
I seen with pulaski they want to verify employment. How do they do this. The old cards I want to transfer are in my name. But hubby has job with bad credit, I don't have job but good credit, how can I get around this income thing?
Thanks
Lisa
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: Eugene
Posted: Thu Jul 22, 2004 7:40 pm
Post subject: Credit Card Employment Verification
9/8/2001 9:19 am CDT
how can I get around this income thing?
They usually want to see household income. So, put your hasbund's income in the application. "Employer" would be "none", though, because it is your application. You could make a mark that the income is your hubby's. Does not look very good, but I do not see any other way without lying.
If they verify employment (creditors seldom do), it would be by calling the employer and asking if you work there.
Author: Board Monitor
Posted: Thu Jul 22, 2004 7:41 pm
Post subject: Credit Card Employment Verification
9/8/2001 11:18 am CDT
Eugene,
Since Pulaski's rates are so low, they do require actual proof of income. The following proof of income requirements apply (taken from their application form):
PLEASE NOTE: TO PROCESS YOUR APPLICATION WE REQUIRE THE FOLLOWING AS PROOF OF INCOME ON BOTH THE APPLICANT AND CO-APPLICANT (IF APPLICABLE):
1. SALARIED OR HOURLY EMPLOYEE - Send a copy of your current payroll stub showing gross income and year-to-date total.
2. SELF-EMPLOYED - Send a copy of your most recent two years 1040 Federal Income Tax returns including Schedule C or Schedule E.
3. COMMISSIONED SALES - Send a copy of your current payroll stub and a copy of your last year s W-2 form.
4. RETIRED - Social Security, Pension, Disability, COLA Letter, 1099 Form, Check Stub, Direct Deposit Verification. You must provide proof of this income.
5. INTEREST/DIVIDEND INCOME - This income must be verified by your 1040 Federal Income Tax return for last year or Form 1099.
6. RENTAL INCOME - Rental income must be verified by your most recent two years 1040 Federal Income Tax return including Schedule E.
Not sure how Lisa could get around this requriment. I know you have to have pretty spotless credit to qualify as well. Pulaski Bank is headquartered in our hometown of Little Rock, Arkansas....so I am somewhat familiar with their underwriting requirements.
Best Regards,
Curtis Arnold
CFCCT P.R. Dir.
http://www.cardratings.com
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 11:19 AM
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