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nike air jordan pas cher Debt and Your Credit Scor

 
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PostPosted: Mon 8:10, 07 Oct 2013    Post subject: nike air jordan pas cher Debt and Your Credit Scor

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Another issue with debt and credit score is the level of debt that a consumer has on file. Your credit score is based on a many factors and one of the most important is the debt-to-income ratio. Even if you are paying all of your bills on time, if the percentage of debt that you have reaches a certain level as compared [url=http://www.sandvikfw.net/shopuk.php]hollister outlet sale[/url] to your income, red flags go up at the lender's office. In other words, the more money that is required in order to pay your current bills means the less money you will have on hand to pay future loan bills should the lender approve your loan application for any new loans.
The debt-to-income ratio cut off level varies from lender to lender and from loan type to loan type. An application for a home loan would almost certainly have a lower ratio cut off number than a loan request for an automobile. The best way to counter this is to pay off your debts in a timely manner. This can be especially true if you want to apply for a home loan.
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