How to Lower Your Debt to Income Ratio

D t i is factored into most lending decisions by banks and financial institutions to gauge your credit worthiness as a borrower. According to wells fargo, a 35 % d t i or below is viewed as favorable. There's no secret formula for lowering your debt to income ratio. However, there are two effective ways to improve your d t i. One, increase your income, or two, decrease your expenses at the same time.

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