[DCPatriot]

Typical drive-by posters...don’t know a damned thing.

It it were your own money you were lending, wouldn’t you want to find out ways to ‘stop the bleeding’...stop losing money to all the small businesses going bankrupt?

I know several people that had high credit ratings and in six months they were filing bankruptcy.

Bad stuff happens.....and sometimes it happens quickly.
It’s smart business sense to reevaluate the risks.

[Sloth]

I know several people that had high credit ratings and in six months they were filing bankruptcy.

Then how are tax returns from 3 years ago going to help?

[palmer]

Bad stuff happens.....and sometimes it happens quickly. It's smart business sense to reevaluate the risks.

How does looking at a 3 year old tax return help?

[Arkinsaw]

It it were your own money you were lending, wouldn’t you want to find out ways to ‘stop the bleeding’...stop losing money to all the small businesses going bankrupt?

My thought is that if you are concerned enough about a customer, or know so little about them, that you find it necessary to have them send their private tax information to India........you probably shouldn't lend to them in the first place.

[lafroste]

It’s smart business sense to reevaluate the risks.

No argument there, but it will be a cold day in H$ll before I send them 3 years of tax returns so they can "review" them. There is a lot more info on a tax return than simply gross income. And none of it is any of their business.