Lenders use the debt-to-income ratio as a metric to evaluate a borrower's ability to manage monthly payments for a loan.

Authors

• Person: Not available Organization: Consumer Financial Protection Bureau
  What is a debt-to-income ratio? | Consumer Financial Protection ...

Sources

• What is a debt-to-income ratio? | Consumer Financial Protection ... www.consumerfinance.gov Consumer Financial Protection Bureau via serper

Referenced by nodes (1)

• debt-to-income ratio concept