I’m not disputing that you have repeated this anectdote exactly as you heard it. But even if it wasn’t 2nd hand, and you were the borrower, I would still have questions about the details. There may have been other circumstances, maybe the borrower is self-employed, or has some other source of income that necessitated IRS verification. Often there are work-arounds that are left out of the story, intentionally or otherwise.[/quote]
Could be.
He’s salaried and about half of his income is commission, with below average credit score.
