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Tag: Automated Income Check

CBC AUTOMATED INCOME AND EMPLOYMENT CHECK

September 8, 2020November 11, 2021 Jeff VanOrnam
Automated Income Check Pay Stub

Did you know most applicants “round” up or down when disclosing their income on a credit application?

27% of applicants overstate their income by over 15%
16% of applicants overstate by 50% or more
20% of applicants understate income by 10% or more

CBC News, Newsletters, and Press Releases  AIC, Automated Income Check, newsletter

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