PFT #39 - Personal Finance Tip of the Week: Debt-to-Income Ratio and the Hidden Risk When Being Approved for a Loan
Sep 09, 2021•2 min
Episode description
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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