Tag: debt-to-income ratio
Balancing your debt burden versus your income level is an essential skill if you want to maintain financial stability. Your debt-to-income ratio helps ensure you keep debt at manageable levels. It’s also a key factor in qualifying for financing on everything from personal loans to your next mortgage, so it’s important to know what your ratio is and what it means for your bottom line.
Jun 30, 2016 | Meghan Alard
A new study ranks states by revolving consumer debt per capita. High or low, Americans still have too much credit card debt to sustain indefinitely.
Credit Cards, Debt Advice
Apr 15, 2016 | April Lewis-Parks
A study looks at the debts and debt problems of property renters versus homeowners. Is there a correlation between mortgage holders and financial stability?
Credit Score, Debt Advice, Debt Collection
Nov 23, 2015 | Meghan Alard
Millennials feel confident in their credit knowledge but underestimate their credit scores, debt levels and their understanding of how credit scores work.
Nov 19, 2015 | Meghan Alard
Total U.S. auto loan debt hits a post-recession high. We help car buyers maintain budget control with tips for managing debt and transportation costs.
Aug 03, 2015 | Meghan Alard
Consolidated Credit offers 3 tips for reducing financial clutter so you can get organized and have an easier time maintaining financial stability.
May 04, 2015 | Monica Victor
Americans, regardless of income are suffering from poor financial health; the cause has more to do with how we manage money, less with how much we own.
Mar 09, 2015 | Meghan Alard
Equifax finds total credit card debt increased last year, but utilization remains low. It may be good for the economy, but is it good for consumers?
Credit Cards, Credit Score, Debt Advice
Feb 02, 2015 | Meghan Alard
An annual FICO survey of risk officers indicates banks have concerns that consumers will take on too much debt that they cannot afford to pay back.
Banking, Debt Advice
Feb 06, 2009 | April Lewis-Parks
With the economy in a slump, one can sympathize with the number of people currently facing debt.