Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

Why they’re asking: Lenders use updated income to reassess risk. If you don’t respond, they may assume your finances worsened and cut your credit limit. Ignoring it can hurt: Skipping the request may ...

Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, certified VITA tax preparer, IRS annual filing season program participant, and tax writer. Vikki Velasquez ...