What Is A Debt-To-Income Ratio?

October 12, 2023
A debt-to-income ratio (DTI) is a financial indicator that measures the proportion of one’s monthly income that goes toward paying existing debts. It provides a straightforward way to evaluate an individual’s or household’s ability to manage debt and take on new financial obligations. By comparing the total monthly debt payments to gross monthly income, the…

Read more

Back to top

Get A Free, No-Obligation Debt Relief Consultation

X

Get A Free Debt Relief Consultation

X