What is NOT an example of ineligible income for loan assessments?

Employment income is considered a stable and reliable source of income when assessing an individual's ability to repay a loan. Lenders typically view it as a primary form of income because it is consistent and often backed by documentation such as payslips or tax returns. This type of income is usually accounted for in full when evaluating loan applications, making it eligible in the context of loan assessments.

In contrast, the other types of income mentioned—projected bonuses, social assistance, and family allowance tax credit benefits—are often subject to conditions, variability, or limitations that may make them ineligible or less reliable. Projected bonuses, for instance, depend on future performance that may or may not materialize, hence they add uncertainty to income assessments. Social assistance often varies by situation and may not be guaranteed, leading lenders to treat it cautiously. Family allowance tax credit benefits can also be variable and subject to change based on the family’s income and circumstances.

Therefore, employment income stands out as a secure and accepted type of income in loan assessments, reinforcing its status as eligible.