- Centurion Member
- Posts: 1075
- Joined: Thu Aug 04, 2011 7:07 pm
- Location: Phoenix
What MemberSince99 said +1
CARD Act requires personal income; however, I have heard that it might be relaxed to be household income. But don't quote me on that.
It is very rare that a bank will actually check up on you. And in this case, if Amex does a FR then you have to accept that you may get a hard limit on a charge card or a reduced credit line on a revolver.
Now, if you are saying that you are a housewife or something and you have a six figure income; that is going to raise red flags! And, as MemberSince99 said, if you are a college student attempting to use your parents' income as your household income that would be another red flag.