Not exact matches
A buyer which can show a strong credit score, for example, or deep reserves can generally get approved with
debt ratios in excess of the
recommended limits.
Such capital budget shall indicate
debt service charges of previous projects, proposed down payments and other expenditures for new projects, and the
recommended sources of all proposed capital financing including, but not
limited to, capital reserve fund, sinking funds, current revenues, temporary borrowing, bond sales, federal and state grants, loans or advances.
«If they choose to keep a credit card after their
debt is paid off, I would
recommend that they only have one, with a small
limit.
He
recommends limiting total student loan
debt at graduation to less than what students expect their annual starting salary to be so they can afford to repay their loans in 10 years or less using 10 percent of their gross income.
3.3 The
Debt Solution Programme that we
recommend could be any one of, but not
limited to, the following:
Many sources
recommend getting your credit
debt usage down to 30 percent of your available credit
limit.
Insurance professionals
recommend that you estimate the cost of 2 to 3 years of mortgage payments as well as any outstanding
debt, then purchase a policy with
limits that will comfortably cover your costs.
Most
debt experts
recommend keeping your balances on revolving credit below 30 percent of the credit
limit; 10 % credit utilization is ideal.
Most
debt experts
recommend keeping your balances below 30 percent of the credit
limit for each card, with credit utilization below 10 % being ideal.