Posts TaggedDTI

How Will The New Debt-To-Income Ratios Work?

How Will The New Debt To Income Ratios Work? What is Debt To Income Ration (DTI)? We’re about to get very familiar with a new acronym in lending – DTI’s. Those jumble of letters represent the debt-to-income ratio Banks will use when assessing a borrowers application for finance. This creature is the new macro prudential tool of the Reserve Bank. The Central Bank has long…

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