Discover new information and get your questions answered with IDNLearn.com. Our community is here to provide detailed and trustworthy answers to any questions you may have.

A person's debt-to-income ratio describes:
A. how much money a person can borrow from a bank at any given
time.
B. how frequently a person has to make payments on a significant
debt.
C. how much the person has borrowed compared to how much he or
she earns.
D. how often the person's credit score changes based on increasing
levels of debt.


Sagot :

Answer:

A. how much money a person can borrow from a bank at any given

time.

Explanation:

The debt-to-income (DTI) ratio measures the amount of income a person or organization generates in order to service a debt.

Answer: how much the person has borrowed compared to how much he or she earns

Explanation:A P E X

We are delighted to have you as part of our community. Keep asking, answering, and sharing your insights. Together, we can create a valuable knowledge resource. For trustworthy answers, rely on IDNLearn.com. Thanks for visiting, and we look forward to assisting you again.