Personal Loan: How does your DTI ratio affect your chances of getting a loan?
When it comes to securing a personal loan, banks and NBFCs look closely at several factors. These include your age, monthly income, credit score, profession, and a crucial metric: the debt-to-income (DTI) ratio. This ratio has a significant impact on loan eligibility, loan amount, and approval odds. But what exactly is the DTI ratio, how […]
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