THE LAST DAY OF VOLBEAT – Maximum Volume Music DHFL to raise Rs 900 crore via loan portfolio sale New delhi: dewan housing finance corporation Ltd (DHFL) has raised Rs 10,000 crore by allotting NCDs to successful applicants. Earlier in August, the company had said it will raise Rs 10,000 crore.A lengthy record (in that it has 14 songs, not so much in time) it starts in a pretty poppy way. The opening of "Last Day Under The Sun" had me thinking Bryan Adams, and it does a soul-filled backing singer thing that is more akin to Lynyrd Skynyrd. That said, it is unmistakably a Volbeat song. There is something comforting about that too.
Let’s say you have a credit card with an $8,000 credit limit on it, and you have a balance of $5,000 due. Your debt to credit ratio would be: 5,000 8,000 = 0.625 ratio or 63 percent utilization of your available credit. So, what does that mean? Is it bad to have a debt to credit ratio of 63%? What is the best debt to credit ratio?
That formula includes your credit score, debt-to-income ratio, and the income you earn. You won’t know, though, until you ask. (See also: 7 Important Things You Should Know About Balance Transfer.
The debt-to-income ratio can be expressed as a personal finance measure that is helpful in comparing an individual’s debt payments to the income generated by him/her. This measure is important in the lending industry for it provides the lenders with an idea about the possibilities of the borrower repaying the loan.
A low debt-to-income ratio demonstrates a good balance between debt and income. In general, the lower the percentage, the better the chance you will be able to get the loan or line of credit you want.
Because your credit utilization is a simple ratio, you can easily estimate your own credit utilization. All you need to know are your credit card limits and credit card balances. You can get this information by checking your most recent credit card statement or by logging into your online account.
One of the best ways to figure out your debt-to-credit ratio is also a good way to keep an eye on your finances in general: through a spreadsheet. On your spreadsheet, you can use a line for each account, including the total balance and total credit limit. Sum the balance for each account, as well as the total credit limit for each account.
Student debt and qualifying for a mortgage — post one However, it isn’t impossible to get a mortgage for a home if you have student loans, and it might even be easier than you think. Click to check your home buying eligibility. How Student Loans Affect Getting a Mortgage. One of the primary indicators that impact your ability to obtain mortgage financing is your debt-to-income ratio.
It’s important to keep your debt-to-income ratio low and work to eliminate debt altogether. If you are dealing with sky high student loan balances , or steep credit debt while only making a modest salary, you could look like a risk to prospective lenders.
It’s important that you stay on top of your finances, including how much you owe. amounts owed makes up 30% of your fico credit score, and your credit utilization ratio plays a large role in this.