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Loan question

Nocturnal

Nocturnal

Lifer
When you apply for a loan does the lender look at gross income or net income? I ask this because I will start making roughly 20k a year and I'm wondering if that is what they look at over the net. Thanks in advance.
 
Originally posted by: RossMAN
Gross (before taxes) either monthly or annual.

LOL
Click to expand...

Why the "LOL?"

I got all my debt down to just my recent personal loan which is 3/4 paid for already. It was supposed to be a 3 year loan but I got it to just under not even a year. By the time I make a year at my job in May I'll have already paid off all debts.
 
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