what is the debt - to - income ratio (dti)?\n a) a comparison of income to savings\n b) a measure comparing…

what is the debt - to - income ratio (dti)?\n a) a comparison of income to savings\n b) a measure comparing how much debt you owe to how much you earn\n c) a score showing how many loans you have\n d) the amount of debt allowed by law\n\nwhat is debt?\n a) money owed to a lender or creditor\n b) extra money you keep in savings\n c) money you receive for working\n d) the value of your assets

what is the debt - to - income ratio (dti)?\n a) a comparison of income to savings\n b) a measure comparing how much debt you owe to how much you earn\n c) a score showing how many loans you have\n d) the amount of debt allowed by law\n\nwhat is debt?\n a) money owed to a lender or creditor\n b) extra money you keep in savings\n c) money you receive for working\n d) the value of your assets

Answer

Brief Explanations:

The debt - to - income ratio (DTI) is a financial measure that compares an individual's debt obligations to their income. Debt is money that one owes to a lender or creditor.

Answer:

For the first question: B. A measure comparing how much debt you owe to how much you earn For the second question: A. Money owed to a lender or creditor