Debt To Income Ratio For Car Loan: Get Approved With High DTI

Debt to income ratio for car loan

If you’re looking to get approved for an auto loan, your debt-to-income ratio will be one of the first things taken into consideration by your lender. In fact, many lenders won’t even consider applicants with DTIs over 40%. Unfortunately, if you have high debts and a small income, this may disqualify you from most car … Read more