Posts Tagged ‘Debt Ratio’

Debt To Income Ratio And Loan Modification?

Posted in Debt Consolidation Mortgage on 02/17/2011 09:41 am by
Shirley asked:


How will my debt to income ratio affect a loan modification? Do percentages appy when doing a loan modification? How low should I expect the mortgage company to lower my interest rate if it is already 5.535%?

Ann
 

Can you get approved for a business loan if you have a high debt to income ratio?

Posted in Small Business on 02/01/2011 04:14 am by
shanana032002 asked:


Should this matter since the loan will be paid back by the business and not the individual? I have good credit i just have a high debt to income ratio, should i be able to get approved for a $20,000 business loan?

Allan
 

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

Posted in Loan Rates on 01/24/2011 12:37 am by
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
 

Where can I consolidate to one loan payment with high debt to income ratio?

Posted in Paying Off Debts on 05/25/2010 02:04 pm by
jana_mcnutt asked:


I have good credit in the 600′s, I just have a high debt to income ratio. I have about 4 personal loans I want to consolidate. One is already with Prosper, so that is out. I just want to have one payment. My debt for these loans is about $20,000. I am not a homeowner either.

Kathy
 

What Do I need to Qualify for Debt Consolidation Loan?

Posted in Debt Consolidation Company on 02/19/2010 12:54 am by
Ivan S asked:


Not credit counseling, but debt consolidation loan. Can’t find any good info on the web, so your educated opinion would be helpful. What are credit requirements, home equity requirement, debt service ratio and other factors?

If you know a good resource that would be very helpful as well!!

Thanks.

Jonathan