Nationwide Credit Solutions Inc.
              
           
  • Home
  • Personal
    • Repair Credit
    • Education >
      • What is a Credit Score
      • What Makes Up a Credit Score
      • Payment History
      • Debt Ratio
      • Length of Credit
      • Types of Credit
      • Inquiries
    • How It Works
    • Our Services
  • Business
    • Education
    • Build Credit
  • Testimonials
  • Contact Us
    • Meet Us
  • Blog
  • Videos
  • Relief Is Just A Click Away
  • Pull Your Credit Report

DEBT RATIO

Your debt ratio is the amount of revolving credit (i.e. credit cards) you owe in relations to the amount of credit you have available.  For instance, if your credit limit is $10,000 and your current balance is $2,000, your debt ratio would be 20%. While, ideally, you would have your debt ratio at 0%, we usually recommend you are at least at 28% or lower.

Call us for more details (708) 357-1923

Powered by Create your own unique website with customizable templates.