| |
| What is Regular Earned Income?
Regular Earned Income is a bonus what comes above your usual salary. This might be on a monthly basis but not guaranteed. This can be from different factors like shares, overtime, commissions, bonuses. Creditors are usually interested in these extra incomes.
For example your applying for a loan and the creditor wants to know what kind of other income you have which you receive on a regular basis. In this case you have to show if you have stocks and you earn dividends, or if you work overtime then you get extra money, or if you make a sale the commission earned form it, and of course any other type of bonuses may qualify as an answer. | | | | |
|
| |
