As you can see my spouse and I earn less than a $100,000.00 annually. He works full-time as a corrections officer and is in the national guard. I am a disabled veteran and only have a fixed income. I feel as if our debt-to-income ratio is too high. We're both understanding more about credit now after being discharged from bankruptcy recently. Every effort is made to pay our debts on time, we need to refinance our mortgage but are leery because of recent discharge from bankruptcy. Any suggestions?
greta wilsonof AL8:53PM July 30, 2012
this does work.i only have a income of 22000.00 a year , and only have debt of 227.00 a month.my debt to income is only 14%,but i am not near as good off as someone who has a income of 3000.00 thousand a year, and a debt to income of 50%. they so much more money to live on!!!!!
jerry eof KY5:16PM June 13, 2012
Thank you for this! Now I have a better understanding.
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greta wilson of AL 8:53PM July 30, 2012
jerry e of KY 5:16PM June 13, 2012
Sylvia Casterton of MI 4:53AM April 27, 2012