True or False: When creditors evaluate your income, they can't legally refuse to consider income from public assistance in the same manner as other income.
Answers:
If you are on public assistance, why in the world are you seeking credit?
True - But telling them about the assistance tells them a lot more. You do not have to list it unless you want it counted.
True, according to the US Federal Trade Commission. Check out the link...
http://www.ftc.gov/bcp/conline/pubs/cred...
The fact you receive public assistance tells them more than the actual numbers.
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