Joseph has a total debt-to-income ratio of 60%. He recently heard that you took a personal...

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Joseph has a total debt-to-income ratio of 60%. He recently heard that you took a personal finance class on this stuff and would like to know where his debt-to-income ratio should be. What would you advise as the generally recommended ratio? 12% or less 40% or less 55% or less 36% or less Joseph has a total debt-to-income ratio of 60%. He recently heard that you took a personal finance class on this stuff and would like to know where his debt-to-income ratio should be. What would you advise as the generally recommended ratio? 12% or less 40% or less 55% or less 36% or less

Answer rating: 100% (QA)

The generally recommended debttoincome ratio is 36 or less A debttoincome ratio of 36 or lower i... View the full answer