IFS is sucking right now..
04-04-2008 | 03:21 PM
#31
I've found in the past that even though you may not have a lot of outstanding credit balance, your debt to income ratio may be not what they'd like it to be depending on factors like the amount of your mortgage etc. I have tons of credit cards with very high limits and a lot of them have pretty high balances on them, but my debt to income is still in balance. Keep on trying because with the way the economy is right now, they should be begging people to get new cars. If my day job wasn't recession proof, I'd be worried and certainly wouldn't be buying a new car.
Last edited by Black Betty; 04-04-2008 at 03:25 PM.
04-04-2008 | 03:27 PM
#32
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Joined: Sep 2007
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From: Portland, Maine
Well that explains everything! I wouldn't lease you a car either. J/K
I've found in the past that even though you may not have a lot of outstanding credit balance, your debt to income ratio may be not what they'd like it to be depending on factors like the amount of your mortgage etc.
I've found in the past that even though you may not have a lot of outstanding credit balance, your debt to income ratio may be not what they'd like it to be depending on factors like the amount of your mortgage etc.
Well, I don't have a mortgage, I rent. And it's not high either.
Last edited by go4gr8; 04-04-2008 at 05:16 PM.
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