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5 votes
Why do businesses or individuals considering giving you credit look at your

"debt-to-Income" ratio?
OA. They are curious snoops.
They want to see if you have enough total income to pay off all your bills. If
OB. you have the income to pay off all your bills, you are probably a better
risk.
OC. Potential lenders want to know if you can do ratio math problems.
D. They want to see if you can save money.

User JonJ
by
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1 Answer

2 votes

Answer:

B : They want to see if you have enough total income to pay off all your bills. If you have the income to pay off all your bills, you are probably a better

risk.

Step-by-step explanation:

first off a debt to income ratio is how much money you owe in total versus how much you make. if the business is aware of the fact that the debt to income ratio is reasonable, they are aware that you are able to pay, and sustain in good condition, basic needs/bills.

User MGOwen
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