Credit card based off your income

[Formerly Black Trash]

TechCrunch is now a part of Verizon Media

What does it all mean?

 

[NeilCartwright]

I wonder how they verify income. This could be a decent play to get a high limit card

 

[The Infamous]

I wonder how they verify income. This could be a decent play to get a high limit card

Probably ask for a copy of your paystub/income statement.

 

[Towlie]

Probably ask for a copy of your paystub/income statement.

Right it's the same way you get your income verified when applying for a loan. W2 and bank statements

 

[T’Challa’s Heir]

I appreciate the idea. But this could be disastrous. If you have high income, but shyt money management skills, you probably don’t need easier access to more credit.

 

[east]

every time i ask for a credit limit increase i'm asked what my income is, and they never ask for any verification

 

[Action Mike]

I appreciate the idea. But this could be disastrous. If you have high income, but shyt money management skills, you probably don’t need easier access to more credit.

L for them, W for the lender.

 

[Family Lives Matter]

With all the data in a credit search lenders there about know your earnings

 

[King Poetic]

every time i ask for a credit limit increase i'm asked what my income is, and they never ask for any verification

me too. I be lying saying I’m grossing $150,000

 

[Music Fiend]

I appreciate the idea. But this could be disastrous. If you have high income, but shyt money management skills, you probably don’t need easier access to more credit.

Yezzir, thats what they plan on

 

[Ugo Ogugwa]

me too. I be lying saying I’m grossing $150,000

Brehs lie doesn't reach my reality

 

[JetFueledThoughts]

Brehs lie doesn't reach my reality

This one of those things you’re supposed to say silently to yourself

 

[Blankthawtz]

*you have reached your credit limit of $5*

 

[winb83]

I just applied for this was was approved for a $25K limit. Automatically that's the largest credit limit I have on any card. I'm not completely sold on it but I will say I like the virtual disposable credit cards it offers and that's the only reason I applied and took a hard pull on my credit for this. Off the jump it let me add it to my Apple Pay and GPay.

 

[humminbird]

this sounds freaking awful and predatory