We or the lender may
request verification of income and employment, or obtain a consumer credit report to verify your credit worthiness and identity.
Not exact matches
While PersonalLoans.com will not require any
income verification, you agree that lenders and lending partners with whom PersonalLoans.com works may need to verify your stated
income by
requesting proof
of income, such as copies
of pay stubs or bank statements.
Some pieces
of information they could
request include a plan for how the money will be used, your credit history, and a
verification of your
income and assets.
If an applicant fails to provide satisfactory information in response to an
income verification request, or if we can not electronically verify the
income of select applicants, we may deny the loan or
request additional information from the applicant.
Pending applications usually require simple
verification of certain information, like confirming your annual
income, which can be done easily by phone, rather than having to wait for the
request to come through the mail.
Tip: As added insurance, however, once Wood and I narrowed the offers to three, Wood
requested copies
of the buyers» bank statements, credit reports, and employment and
income verification.