Lenders use the debt-to-income (DTI) ratio to evaluate a borrower's ability to repay a loan.

Authors

• Person: Not available Organization: Sallie Mae
  What Debt-to-Income Ratio Means and Why it's Important - Sallie Mae

Sources

• What Debt-to-Income Ratio Means and Why it's Important - Sallie Mae www.salliemae.com Sallie Mae via serper

Referenced by nodes (1)

• debt-to-income ratio concept