Saturday, October 31, 2009

What information can banks ask for?

When applying for a stated loan, is employment verified? And if so, what information can the lender ask my employer?



What information can banks ask for?

Yes, your employment is verified and they can ask anything they want, but getting that information is different. Your employer is only obligated to tell them you are employed, and your salary range is between $0 and $00 dollars; how long you've been employed, and your job title.

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