Sentences with phrase «old debt ratio»

Under the old Debt Ratio its debts appeared to be manageable, but clearly that wasn't true.

Not exact matches

«The Old Line State [heads] our top 10 states [list] with the highest debt - to - income ratios.

The average debt - to - income ratio for 17 - 24 year olds now stands at nearly 70 % and serves as a stark reminder of the need for improved financial education for young people in the UK.

Also, if you aren't closing your old cards, it does positively impact your debt to available credit ratio.

If borrower did not file a tax return, use tax rate of 15 % Installment Debts Less Than 10 Months Old Rule — May be excluded from ratios.

And like you say, a low debt to credit ratio and keeping your oldest credit are a couple of things people may not know about.

In addition, refinancing means that your old loans will be paid off — resulting in a closed account and potentially higher utilization ratio if you have other debts.

I wouldn't be too concerned with the debt - to - credit ratio due to closing out an old account but it certainly could affect your score a little bit.

I don't know the status of your credit card situation such as if any are in collections, how high your debt to credit ratio is on them all, how old your accounts are, etc..

You must be a U.S. citizen or permanent resident at the age of majority or older and have a debt - to - income ratio that indicates you have the capacity to repay the loan.

With the old approach, it had a Debt Ratio of 3.8 in 2013, which was fine, but the new Debt Ratio gave the company a score of 5.2, which is above the maximum of 4 which I'll allow for cyclical companies.

Four - year - old SoFi underwrites mortgages based on a person's free cash flow, rather than debt - to - income ratio, the industry standard.

Though there's not a fixed debt - to - income ratio that lenders require, the old standard dictates that no more than 28 percent of your gross monthly income be devoted to housing costs.