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23 August, 14:57

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

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  1. 23 August, 15:08
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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
  2. 23 August, 15:18
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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.
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