Debt to Income Ratio | DTI Debt to Income Ratio is the percentage of your monthly income that goes toward paying debts. So what the heck does that have to do with debt to income ratio? Well....Everything! Debt to income ratio is the key indicator for you
Below are several steps to help you keep your Debt to Income Ratio in balance. Here are several steps to help eliminate Credit Card Debt: - Pay Off the Highest Interest Rate Card First - Don’t Use Your Cards, and if you must pay them off monthly - Get Organized, understand what goes in and out with the mindset that you can’t spend more than comes in - Set a Budget, understand what needs to be paid and what you CAN afford - Request a Lower Interest Rate.