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.
Dear Julie, Thank you for the follow-up on our home foreclosure situation. We managed to borrow the money for our relatives to pay the reinstatement fee. Although it was very embarrassing, we felt it was the best course of action. I would like to thank you for all your help. We did talk to a couple…
Jessie and Ann
Greetings Julie! This is to let you know about our experience with Acclaim Legal Services regarding our Chapter 13 Bankruptcy case. Chris made the journey easy because of his prompt replies to our emails and phone calls. He always kept us abreast of what was…
(Ann Arbor, MI)
It's pretty scary when you find yourself at the doorstep of bankruptcy but with the help of these great attorneys and paralegals walking every step with you, it's not so bad. I would like to give a great big shout out to Leanna Sikes who was an enormous help to me when things seemed to be going south.…
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.…