Used by lenders to evaluate your eligibility for credit and interest rates.
This ratio will tell you how your monthly income compares to your monthly debt obligations. If your ratio is too high, this may indicate that your monthly expenses are becoming unmanageable. It may impede your ability to gain future credit and subject you to higher interest rates for future purchases.
Enter your information in the budget tool below to calculate your score. Below we offer ranges for you to evaluate your results and personal circumstances. If you feel there is room for improvement and wish to speak to one of our licensed attorneys about your options for improving your credit score and re-balancing your debt-to-income ratio, call us today at 866-261-8282.
We offer free consultations to discuss your finances, long-term goals and recommended steps for achievement. We welcome you at one of our six Michigan offices in Detroit, Ann Arbor, Dearborn, Southfield, Flint or Warren.
How Can We Help You?
Contact us now to speak with an experienced debt resolution attorney. We offer same days appointments and legal protection.
I would like to reach out and express my thank you and gratitude to Alisha Goguen.
I would like to start by saying that I am a proud individual that due to life’s crazy path, lead me to needing assistance with a matter that was beyond my scope. As hard as it is to have to file a bankruptcy,…
(Auburn Hills, MI)
Acclaim Legal Services was extremely helpful to us during a very distressing time of our lives. We started off with a chapter 13 then the economy dropped even further and after a year and a half we had to file chapter 7. We had many obstacles to overcome having owned our own business for over 23 yrs.…
Dan & Debbie
(West Bloomfield, Michigan)
Just wanted to thank you for all your help settling our deficiency with the bank.
After finding out the bank wanted us to pay the difference between what we owed them on the house and what they sold it for, I didn’t know which way to turn…the thought of possibly loosing our building kept…
Dan & Peggy
(White Lake, MI)
Thank you William Johnson and Cindy Millns for doing such a great job handling my bankruptcy case and allowing me to get my life back in order. Thank you for giving me a chance to regain confidence and succeed in life to the fullest.
I will tell anyone in trouble with bankruptcy or mortgage…