Determining Your Debt-to-Income Ratio
Debt Guru
MARCH 6, 2020
Or you resorted to a loan using your car as collateral. In addition to the stress it causes, a high ratio full of bad and ugly debts often means you don’t see your debt balance decreasing, despite making regular payments. your high-interest credit card balances one at a time using “snowball” or “avalanche” tactics.
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