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• A measure of creditworthiness computed by dividing the dollar amount of monthly debts by total gross monthly income, then converting the result to a percentage.

  State of Maine, Department of Professional and Financial Regulation - Cite This Source - This Definition
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  Cite Definition for Debt-to-Income Ratio

  American Psychological Association (APA)

  Debt-to-Income Ratio. (n.d.). Consumer Credit Protection Glossary. Retrieved March 25, 2023, from website: http://www.expertglossary.com/definition/debt-to-income-ratio.

  Chicago Manual of Style (CMS)

  Debt-to-Income Ratio. www.maine.gov. Consumer Credit Protection Glossary. State of Maine, Department of Professional and Financial Regulation. http://www.expertglossary.com/definition/debt-to-income-ratio (accessed: March 25, 2023).

  Modern Language Association (MLA)

  "Debt-to-Income Ratio." Consumer Credit Protection Glossary. State of Maine, Department of Professional and Financial Regulation. 25 March. 2023 http://www.expertglossary.com/definition/debt-to-income-ratio.

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