DTI, DTI, everyone is talking about DTI. What is DTI? »
By Rachel Lynn Foley - Kansas City, MO Bankruptcy on Apr 1, 2007 in Credit Reports, General Bankruptcy Information, Life After Bankruptcy, Mortgages | 1 Comment
DTI is your debt to income ratio. Simply put take your monthly debt payments (car, rent, credit cards, etc… but not utilities) you have and compare it to your monthly income. The resulting number could mean the difference between being approved for loan or being rejected. Let’s say your monthly debt is [...]
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