Archive for the ‘Loan Rates’ Category

What it is a good debt to income ratio when getting another car loan?

Jenn N Kentucky asked:


My husband is going to need a new work car cause his about shot and he drives 50 miles a day to work. But we already have a car loan on my vehicle. It is our only debt of 14000 and my husband makes 45-50k depending on over time and work load. Would it be hard to get a small loan to get a little work car?

Allen