by Whoosh Agency | Feb 24, 2021 | Consumer Debt, Subprime
If you’ve ever tried to get a mortgage or a car loan, you likely heard the term “debt to income ratio.” This ratio is a number that lenders use to determine how much more debt you can afford to pay each month. If your debt to income ratio is high, lenders will be less...
by Whoosh Agency | Oct 13, 2020 | Consumer Debt
It is financially and emotionally crippling to have high interest credit card debt. According to CNBC, “55% of Americans with credit cards have debt.” According to Fool.com, The average American’s credit card balance is $6,194 as of the second...
