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Posts Tagged ‘Debt Ratio’

 

How will a cosigner effect my debt to credit ratio?

Wednesday, November 3rd, 2010
brians4138 asked:


I am in the market for a used auto loan but have been turned down from all the agencies I have tried due to having a large debt to credit ratio from my student loans. How much will a cosigner effect my debt to credit ratio? I make around $31,000 per year and have loans totaling nearly $80,000. How much will a cosigner have to make to help me out?