What is considered verifiable income?

In order to process your application, we need to verify that you have a source of income that will enable you to make consistent monthly payments. 

Verifiable income for current employees include:

• Direct deposit 
• Check deposit

Verifiable income for working student include:

• Part-time job/ internship
  • check/ direct deposit

Verifiable income for non-working students include:

• Money from parents/relatives/sponsor
  • wire transfer
  • account transfer
  • regular cash deposits
• Scholarship funds
  • We must be able to see this money deposited into your account

What is not considered verifiable income:

• Money from renting out a property
  • this is not considered a secure consistent form of income
• Your spouse's income 
  
  • we can not verify his/her income, and can only consider the borrowers solo ability to pay off the loan. 

If you have any further questions regarding verifiable income please send an email to team@stilt.co