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#1349298 - 02/25/10 07:45 PM Credit Card Line Increase
etm614 Offline
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etm614
Joined: Jan 2003
Posts: 695
Massachusetts
I understand that we can no longer do auomatic line increases without verifying the borrower's income/ability to support that increase. A vendor is offering a solution that would supply a predictive income number. Is anyone else taking this approach? Does it seem as though we can rely on a model that produces predicted income rather than actual income and still be in compliance? Thanks.

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Lending Compliance
#1349359 - 02/25/10 08:37 PM Re: Credit Card Line Increase etm614
etm614 Offline
Platinum Poster
etm614
Joined: Jan 2003
Posts: 695
Massachusetts
Never mind - found the answer in the commentary.

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