Tag: calculating debt ratio

Credit Scores:  What is Debt Ratio?

Credit Scores: What is Debt Ratio?

| April 25, 2010 | 0 Comments

First let’s start by saying that your debt ratio is different from your debt to income ratio. Your debt ratio is the ratio of the amount of debt you have outstanding to the total amount of debt you have available to you. The lower your debt ratio, the better it is for your credit rating […]

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