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23 July, 07:54

What is the best explanation of "debt-to-income" ratio?

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  1. 23 July, 08:31
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    A low debt-to-income ratio demonstrates a good balance between debt and income. Lenders like the number to be low because, according to studies of mortgage loans, borrowers with a lower debt-to-income ratio are more likely to successfully manage monthly debt payments.
  2. 23 July, 09:40
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    A low debt to income ratio is a good balance in debt income and a high debt income ain't very good and is hard to live off of
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