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When getting a loan, it pays off to have a good debt ratio. There are many factors that a lender takes into consideration when deciding whether to approve the loan application or not. For borrowers, there are also some factors that need to be considered and one of them is a good debt ratio.

Why Maintaining A Good Debt Ratio Is Vital

There are various factors that a mortgage lender takes into consideration in deciding over a loan application. As a borrower, you should also consider a number of factors before getting yourself into the trouble of having a debt.
Date Posted: January 26, 2008
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