What does debt to income ratio mean and what should yours be

What Does Debt to Income Ratio Mean and What Should Yours Be

If you are applying for loans, you may have heard about debt to income ratio. Your loan rates and even the possibility of getting a loan is based, in part, on your debt to income ratio. It is also a way to see if you are financially healthy. The short version is, the lower your debt to income ratio, the better off you are. Speak to our debt experts for free so they can explain your options to you. What is Debt to Income Ratio? The debt to income ratio looks how much you owe versus how much you earn. […]

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