A high debt-to-income ratio can negatively impact an individual's chances of getting approved for new credit, even if their credit utilization is low.

Authors

• Person: Not available Organization: Esusu
  7 Things That Can Hurt Your Credit Score - Esusu

Sources

• 7 Things That Can Hurt Your Credit Score - Esusu esusurent.com Esusu via serper

Referenced by nodes (2)

• debt-to-income ratio concept
• Credit Utilization concept