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PFT #39 - Personal Finance Tip of the Week: Debt-to-Income Ratio and the Hidden Risk When Being Approved for a Loan

PFT #39 - Personal Finance Tip of the Week: Debt-to-Income Ratio and the Hidden Risk When Being Approved for a Loan
Sep 9, 2021 · 1m 36s

DTI is the personal finance measure that compares the amount of debt correlated to your overall income. So when lenders are looking at you as a qualified buyer, DTI is...

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DTI is the personal finance measure that compares the amount of debt correlated to your overall income. So when lenders are looking at you as a qualified buyer, DTI is used as a way to measure your ability to manage payments that you make each month. Learn the calculation and what to watch out for.  Social Media    https://www.somethingonmymind.net/ https://www.instagram.com/somm.podcast/ https://www.somethingonmymind.net/ https://www.youtube.com/channel/UChec5qcZBcGkIhUU3belNDw https://www.tiktok.com/@somm.podcast?lang=en https://www.facebook.com/somm.podcast https://twitter.com/Somm_podcast  
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Author David Mulonas
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