Need a Loan? Factor Your Debt-to-Income Ratio First
Video Credit: GOBankingRates - Duration: 00:49s - Published
Need a Loan? Factor Your Debt-to-Income Ratio First
Knowing your debt-to-income ratio, or DTI, is especially important if you plan to borrow money.
Lenders view your DTI as a good predictor of your ability to manage recurring monthly bills along with potential monthly payment on a loan.
