Archive for May 22nd, 2010

income to debt ratio?

Saturday, May 22nd, 2010
chadweiser asked:


they say a loan officer will look at ur debt to income ratio to determine if u qualify for a loan. or i heard you credit score can be determined this way to. why is it it hurts your score if you have outstanding credit cards or other bank loans but not your other monthly debts like cell phone, utility bills, fuel in your car. auto insurance stuff like that?

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