Essential spending includes all the necessary monthly expenses such as bills, groceries, and housing costs. Your income is earnings from work, including wages, allowances, cash, and tips.
When you activate your Credit Health we calculate this for you and show you insights to help you get money-strong.
To calculate income and essential spending yourself, add up all your income and take away all your spending. Lenders like to see predictability for at least 3 to 6 months when considering you as a borrower.