 TITLE: What Counts as Income on a Credit Application? CONTENT: Why Your Income Matters\n-----------------------\nCreditors consider various information before deciding to approve your application and the terms you'll be offered, such as the credit limit or loan amount and interest rate. Your history with the company, credit scores, credit reports, income and outstanding debts can all be factors. Some of the information a creditor considers comes from your credit report or their internal records.\nYour income isn't part of your credit report, however, so you'll report it yourself on the application—which is why you need to know which types of income to include. You may also be asked to submit verification documents, such as pay stubs or tax returns. And creditors can use computer models to estimate some applicants' income. END