Cryptocurrency Q&A
What is a good debt ratio?
What is a good debt ratio?
CharmedFantasy
Wed Nov 20 2024
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6 answers
1025
I'm wondering what constitutes a favorable debt ratio. I want to understand the ideal proportion of debt to income or assets that is considered healthy or manageable in financial planning.
6 answers
Ilaria
Fri Nov 22 2024
As the debt ratio approaches 40%, caution is advised.
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Eleonora
Fri Nov 22 2024
Crossing this threshold increases the risk for lenders.
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Riccardo
Fri Nov 22 2024
A debt ratio ranging from 30% to 36% is generally deemed as satisfactory.
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CryptoTitanGuard
Fri Nov 22 2024
Borrowers with a high debt ratio may struggle to make monthly payments.
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Elena
Fri Nov 22 2024
This percentage indicates a manageable level of debt relative to income.
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