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Corythompson77 7
June 26, 2020
Question

My yearly income

  • June 26, 2020
  • 1 reply
  • 0 views

Hello, have a question.  I'm medically retired from the Army.  My income from that is not taxable. Yet it doesn't show up in my yearly income.  How do I change this to get it added? I'm sure it would help my credit score.

    1 reply

    O
    Opus 17
    June 26, 2020

    The credit bureaus don’t know your annual income, it is not part of your credit score.  Your credit score only reflects your past history at paying off debts and the amount of debt you currently have. When you apply for a loan, you will tell the lender what your income is and that, along with your credit score, will help the lender determine your ability to repay the new loan you are applying for.

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