Question

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.

Answer 1

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

time.

Step-by-step explanation:

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