Sentences with phrase «report by your gross monthly income»

A person's DTI is calculated by dividing their total monthly debt payments, which includes credit card minimum payments, car loans, student loan payments and any other regular monthly debt commitments shown on your credit report by your gross monthly income.

Not exact matches

You can't get new credit To decide if they'll extend you credit, a company will usually look at your credit report to calculate your debt - to - income ratio (This equals all your monthly debt payments divided by your gross monthly income).

Your backend DTI ratio is calculated by taking your major monthly debts (many of which will be found on your credit reports) and dividing it by your gross monthly income.

Recent research conducted in mainland China found that obesity prevalence was higher among children in wealthier families, 4 but the patterns were different in Hong Kong with higher rates of childhood obesity among lower income families.4 5 Hong Kong, despite having a per capita gross domestic product of Hong Kong dollar (HK$) 273 550, has large income differences between rich and poor as reflected by a high Gini coefficient of 0.539 reported in 2016; approximately 20 % of the population are living in poverty as defined by a monthly household income below half of the Hong Kong median.6 It is widely accepted that population health tend to be worse in societies with greater income inequalities, and hence low - income families in these societies are particularly at risk of health problems.7 In our previous study, children from Hong Kong Chinese low - income families experienced poorer health and more behavioural problems than other children in the population at similar age.8 Adults from these families also reported poorer health - related quality of life (HRQOL), 9 with 6.1 % of the parents having a known history of mental illness and 18.2 % of them reporting elevated level of stress.