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7 Best Black-Owned Financial Institutions

7 Best Black-Owned Financial Institutions
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9 Best Mobile Banking Apps to Make Your Life Easier

9 Best Mobile Banking Apps to Make Your Life Easier
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50 Brands With Lifetime Warranties

50 Brands With Lifetime Warranties
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How To Get Your Retirement Plans Back on Track After 2020

How To Get Your Retirement Plans Back on Track After 2020
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Economy Explained: How To Calculate Your Debt-to-Income Ratio

Economy Explained: How To Calculate Your Debt-to-Income Ratio
GOBankingRates
2/5/2021
David Navarro
© alinabuzunova / Twenty20
Flatlay desk: calendar, pen, cash money, phone with calculator and laptop lying on black background.
One of the many variables lenders use when deciding whether or not to loan you money is your debt-to-income ratio or DTI. Your DTI reveals how much debt you owe compared to the income you earn. Higher debt paired with lower income results in a higher DTI percentage, whereas lower debt with higher income yields a smaller percentage. Here’s how to calculate your DTI and find out how much debt you owe compared with your income. ....

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