Sentences with phrase «carrying as a percentage of their income»

Lenders assess how reasonable an applicant's debt burden is by looking at his or her debt - to - income ratio, which measures the debt an individual is carrying as a percentage of their income.

Lenders assess how reasonable an applicant's debt burden is by looking at his or her debt - to - income ratio, which measures the debt an individual is carrying as a percentage of their income.

Not exact matches

However, as a percentage of income, those on the lower end of the spectrum carry more debt.

The differences between genders are generally in - line with some past findings which showed that single women are more inclined to carry more debt, as a percentage of their total income.

Choosing to make a habit of living on a lower percentage of your income, say, 70, 80 or 90 percent, and choosing to save and / or invest the other 10, 20 or 30 percent ensures that you'll be able to avoid carrying credit card debt, and that you'll always have enough in savings to fund bigger expenses such as houses and cars.