Originally Posted by
krazykanuck
This. I just put a round number down that's close enough to reality. No card issuer has ever checked, and I still have way more credit than I need.
Indeed. This begs the question: Why lower one's CLs before applying for a new card? Simply report greater income. Voilą!
Originally Posted by
richarddd
I've sometimes wondered if the increase in value of investments counts as income...
Sure, if one "intends" to liquidate it or a portion thereof. It becomes expected income. (See below.)
Originally Posted by
Often1
I would justs stick to the card issuer's definition.
But is it a "definition"? The wording is expansive, nay, whimsical! One could "expect" to liquidate one's every asset and thus count net worth as expected income.
Originally Posted by
Often1
I cannot imagine any situation in which valuation, as opposed to proceeds, counts.
(See above.)