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iaew69
Dec 30, 2008, 03:37 PM
How to compute debt to income ratio

stevetcg
Jan 2, 2009, 05:48 AM
monthly debt obligations divided by Monthly income times 100

So if you made 3000 a month and had 500 in credit card debt your computation would be like this:

(500/3000)*100 = 16.66%