promotion image of download ymail app
------ asked in Business & FinanceCredit · 2 months ago

What is an ideal Yearly Income to Total Permissible Credit Available Window?

This should be a simple enough question here. Let's say a person make a wage of $100k a year.... Should they not have available credit over about 1.5 times their yearly income or is it 2.5 times? It seems like I'm recalling something like this but I just can't remember what I had learned about it. Maybe this has something to do with the M-I-R credit spread?

There are no answers yet.
Be the first to answer this question.