The right strategy in debt management is fundamental. It could help you to get your debt under control and even pay it off sooner, thus saving you money. Here are some things to keep in mind when managing your debts. Make a list The first step in managing your debt is understanding what you owe […]

The debt-to-income (DTI) ratio is the percentage of your net monthly income that goes to paying your monthly loan payments. Financial institutions use it to determine your borrowing risk. A low DTI ratio indicates sufficient income relative to debt servicing, making a borrower more attractive. The DTI ratio is an excellent indicator for evaluating your […]