That's usually more
generous than the debt - to - income ratios conventional lenders use.
Not exact matches
Warning that Greece will require far more
generous debt relief
than is currently on offer from its creditors, it predicted that public
debt is likely to peak at 200 % of its national income within the next two years.
However, if you're trying to consolidate and pay off your
debt without accruing any more interest, 15 months is a
generous timeline, as long as you make more
than minimum payments and actually eliminate the
debt within the promotional time period.
For most vets, «residual income» is a more
generous standard
than debt - to - income ratios.
If you keep a balance and have credit card
debt, then it's probably better to use low interest or 0 % APR cards rather
than rewards cards instead (because many rewards cards turn out to have higher rates
than other types of cards that don't have such
generous rewards).
No matter how
generous a rewards program is, those who have substantial credit card
debt could be spending more on finance charges and annual fees
than the rewards are worth.
If you have more
debt than you can afford to repay in less
than a year, you may be better off with a more
generous balance transfer card that offers a lengthier promotion.