January 20th, 2007 | 
Author: 
kelly g asked:
However it is not a true debt to income ratio because i make at least double what my checks show. I make a huge part of my income in tips that i dont have to report. I report some but not all. So whenever i apply for a loan it looks like i dont make enough. Does anyone have any suggestions?
Noble Willick
However it is not a true debt to income ratio because i make at least double what my checks show. I make a huge part of my income in tips that i dont have to report. I report some but not all. So whenever i apply for a loan it looks like i dont make enough. Does anyone have any suggestions?
Noble Willick
Posted in Personal Finance | 
Tags: Apply For A Loan, Checks, Debt Ratio, Debt To Income Ratio, Personal Loan
I hope the IRS doesn’t read Yahoo! Answers
Well, I guess that’s the price you pay for not paying your taxes.
You are supposed to be reporting ALL of your tips. This is what you get when you try to scam the system.
That is why you should claim 100% of your tips instead of % of your sales.
Sure, stop lying about your income. You can’t have it both ways; you can either cheat on your taxes and not qualify for a loan, or pay the taxes and qualify. It’s up to you.
debt is for suckers. don’t get a loan. pay cash.
Hi,
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