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| *Ostroff, Fair and Company>>>Credit |
Credit card companies asking for tax papers? |
american express asked for my tax papers? this is the first time that a credit card company has asked for tax papers, they said they were doing some type of vertification? Up to date, I have not heard or read of credit card companies including American Express ask for tax papers from credit card applicants when they apply for credit cards. Whatever they need, they get it from your credit report and if they want to verify your income, they will contact your employer. Are you applying for a new card? Perhaps they just want to make sure either you're a legal immigrant or a citizen before granting your credit. What types of credit card are you applying? Is that a business card or just for personal use? Are you asking for a high credit line? Is there anything on your credit report that makes them suspicious? If the IRS reported you to credit bureau, maybe that raises the red flag. You didn't answer anything about the IRS question. If you are an entrepreneur and apply for a business card, they may ask for your tax return. If you didn't pay your taxes, why would credit card take that chance to loan you the money?. Business card is more volatile since it normally has a higher credit line. It's probably a scam, do not comply. i never would give them the tax papers! |
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