What should I put down as my income/occupation on Credit applications?

iAMaLONDONER

I am a student but have 4 jobs (3 0-hour and 1 permanent part-time one). Should I put employed (part-time) or a student?

Also should I put my income as Student loan+earnings from work or just my earnings from work?

Also should I put my employer as the permanent job or the one which I started first (a 0-hour job)?

CKhalvashi

I'd go with the first employer, clearly stating total income (including student loans) and explaining if it's possible to do so, your circumstances.

CK

wiseshark

I recall reading a couple of years ago, Barclaycard state to include all income including benefits, credits or any other that may or may not be regular.

zerog

I would put part-time, and give employer as one with the largest wages, the most regular, or if you've been with one for much longer than the others then that one

When I was a student I used to include gifts from my grandparents in my income (they regularly gave me a significant sum though there was no formal agreement to do so), though I was never asked to substantiate it...

Alarae

Employed, the job you have set hours for so you have actual quantifiable earnings to put down and total income including student loans.

It's what I did on my applications, after all is it is money to be used to pay it back

iAMaLONDONER

zerog wrote: »

I would put part-time, and give employer as one with the largest wages, the most regular, or if you've been with one for much longer than the others then that one

When I was a student I used to include gifts from my grandparents in my income (they regularly gave me a significant sum though there was no formal agreement to do so), though I was never asked to substantiate it...

Ok well I got my first one in May 2013 and the permanent one just in December so I'll put the May one and my income as student loan+ earnings from working

YorkshireBoy

I'd say you were a student primarily.


However, you need to be consistent in what you enter on credit applications. This is because your application data is shared with fraud prevention agencies, and it'll start to ring alarm bells if one minute you're part time employed, then the next you're a student, and then you're back to being part time employed again.


You could even finish up with a CIFAS marker!

iAMaLONDONER

YorkshireBoy wrote: »

I'd say you were a student primarily.


However, you need to be consistent in what you enter on credit applications. This is because your application data is shared with fraud prevention agencies, and it'll start to ring alarm bells if one minute you're part time employed, then the next you're a student, and then you're back to being part time employed again.


You could even finish up with a CIFAS marker!

I've used employed (part-time) consistently since April as my occupation

However,surely CIFAS are used to people changing jobs regularly- especially with the rise of temporary/part-time/0-hour jobs?!

YorkshireBoy

iAMaLONDONER wrote: »

I've used employed (part-time) consistently since April as my occupation

Bit late to be asking now if you should be putting 'student' down then?

However,surely CIFAS are used to people changing jobs regularly- especially with the rise of temporary/part-time/0-hour jobs?!

Different employers or same employer/different job title, yes.

Student/part time/student/part time/student/..., no!

iAMaLONDONER

YorkshireBoy wrote: »

Bit late to be asking now if you should be putting 'student' down then? :)Different employers or same employer/different job title, yes.

Student/part time/student/part time/student/..., no!

Yes, of course!

Sorry I meant which job(&employer) I would be best advised to put on the application.

I ask as I phoned up Nationwide a few months ago and was offered the chance to apply for a CC but she said she couldn't take my student loan/bursary into consideration for my income for a CC.

As a result I didn't bother applying as my wages were less than the minimum 5k threshold