What is a good debt-to-income ratio for a car loan?
When you go to purchase a new car, there are chances that your car loan lender will look for your debt-to-income ratio, apart from your credit score. This is done…
What is a good debt-to-income ratio to buy a house?
When you want to buy a house on a mortgage, the lender checks the debt-to-income ratio as a tool or measure, even if you have a good credit score. Because…
What happens if US defaults on debt?
As of October 2021, the US government was sitting on a national debt of $28 trillion. This has increased over the years due to the US government spending more money…
Best way to pay off credit card debt?
We all use credit cards to pay for our day-to-day expenses. But at the end of the month, we all get the monthly credit card bill, which we need to…