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Debt/Income ratio...

Established Member

Debt/Income ratio...

when figuring my debt to income ratio, what all is included in my debt - are things such as utilities, auto insurance, medical insurance, etc figured in, or is it just revolving credit and installment loans? Also, I cosigned for my girlfriends car loan a few months back - is that figured into MY debt even though I do not make payments but am jointly ultimately responsible for it?
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2 REPLIES
Moderator Emeritus

Re: Debt/Income ratio...

just revolving credit and installment loans
Message 2 of 3
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Frequent Contributor

Re: Debt/Income ratio...



noname1 wrote:
....Also, I cosigned for my girlfriends car loan a few months back - is that figured into MY debt even though I do not make payments but am jointly ultimately responsible for it?

Yes.
Message 3 of 3