Companies send you check stubs via emails or mail box. You need to keep these check stubs safe with you. Because you are going to need them at multiple occasions. The only thing you don’t want is when you need it, it goes missing. So, why do you need check stubs?
You need it when you want to buy a car?
Cars are natural need nowadays. Whether you have to go to office, to the market or to a friend, you need conveyance. And cars are the best transport you can get for all these purposes. If you want to buy one, you will be asked to provide pay stubs to the lender. Before giving away their money as loan, lenders have to make sure that they are getting their money back in due time. Check stub is proof that you have an income source.
You need it if you are a renter
Suppose you have a house and you want to give to a tenant. The first thing you want to confirm is that the tenant is capable of paying the rent on regular basis. There is no other way to confirm this except seeing a few check stubs. They verify that your tenant has a job therefore he or she can pay your rent.
When you apply for home loan
Buying a home is everyone’s first priority. Suppose you have selected a beautiful home for your family. It is time to buy it. Now you contact with a lending institution but you don’t have check stubs. What will happen? You are hardly going to get the loan for your home. Lending institutions for home need to make sure that you can repay the loan. Only check stubs show that you have a reliable income source. Lenders for home loans may ask you to submit check stubs for a couple of months to years. In case you have got the home loan and are now living in your home. You need to refinance on your mortgage. Again the lender will require check stubs as proof that you have a source of income to repay the loan.
You need it to get a library card
Are you a book worm? Do you spend lots of time in libraries? Then you may be looking for library cards. But there is a problem. To get these cards you need to provide proof of residency. Here too, you can provide them your check stub as your residency proof because they have your address on it.
You need to keep check stubs safe in your cabinets or in a secure file on your computer. You should consult with the professional Check Stub Maker. They can help you create professional check stubs online. Leave the calculation business and math to the firm. They will take care of the calculations as well as any deductions. If you are an employer, they will make it smooth for you to send check stubs to your employees.