Moolanomy
Personal Finance. Investing. Wealth Building.

Posts Tagged ‘principal’

What is Debt-To-Income Ratio (DTI) and Why Does It Matter?

For someone who doesn’t carry a lot of debt, I didn’t give Debt-to-Income Ratio a serious thought until I start lending money on peer-to-peer lending networks — i.e., Prosper and Lending Club. The truth is, DTI is important; especially in the business of borrowing and lending money.
Two Kinds of Debt-To-Income Ratios (DTI)

Front ratio [...]

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