To lower a debt-to-income ratio, an individual can pay off existing debts, increase their gross monthly income, or avoid taking on new debt.

Authors

• Person: Not available Organization: Sallie Mae
  What Debt-to-Income Ratio Means and Why it's Important - Sallie Mae
• Person: Not available Organization: Nutmeg State Financial Credit Union
  Debt-to-Income Ratio: A Key Metric for Your Financial Health

Sources

• What Debt-to-Income Ratio Means and Why it's Important - Sallie Mae www.salliemae.com Sallie Mae via serper
• Debt-to-Income Ratio: A Key Metric for Your Financial Health nutmegstatefcu.org Nutmeg State Financial Credit Union via serper

Referenced by nodes (2)

• debt-to-income ratio concept
• gross monthly income concept