0
It means that you have too much debt in relation to your income. Stop buying on credit, cut down on all your spending, make bigger payments to pay off your debt more quickly, and raise your income by working an extra job to fix this issue.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What are federal non-tax and state income tax obligations?
this is a question when is the last day you can send in federal income tax
Can you change your debt to income ratio?
Your debt-to-income ratio is your total monthly debt obligations divided by your total monthly income. Increase your income or lower your debt payments to have a more favorable debt-to-income ratio. How do the credit companies know your income?
What is the meaning of the word vig in relation to loan sharks?
vigorishInterest, especially excessive interest, paid to a moneylender.
What is the difference between absolute income and relative income?
Relative income measures your income in relation to other members of society, weighing it against the standards of the day. Absolute income, meanwhile, does not take into consideration those other factors, but simply reflects the total amount of earnings you have received in a given period.
What does prsi stand for?
In relation to business it stands for "Pay Related Social Insurance." It is a major income tax in Ireland.
What are federal non-tax and state income tax obligations?
this is a question when is the last day you can send in federal income tax
How much child support is deducted from from disability?
Under federal law, up to 50% of your income may be garnished for current support obligations and up to 65% of your income for past support obligations. If the level of support you are paying is too high for you to meet your own personal obligations, you should seek modification.
What type of income is amount left after all other obligations have been met?
Personal
What percentage of a person's income can be taken for restitution payments?
It is usually calculated on a percentage basis. A total of all your monthly obligations and your income and available assets.
Can you change your debt to income ratio?
Your debt-to-income ratio is your total monthly debt obligations divided by your total monthly income. Increase your income or lower your debt payments to have a more favorable debt-to-income ratio. How do the credit companies know your income?
What is the four main causes of skidding?
1 Excessive speed for the existing circumstances 2 Harsh acceleration 3 Course steering in relation to a speed which is not in itself excessive 4 Excessive and sudden braking
What is the meaning of the word vig in relation to loan sharks?
vigorishInterest, especially excessive interest, paid to a moneylender.
What types of questions are answered by the income statement and balance sheet?
The income and balance sheet shows the amount of debt a company has. To investors, this is a way to determine if they are capable of meeting their obligations.
What does the acronym SSI stand for in relation to the government works?
The acronym SSI has many uses in relation to the government. The most commonly used one would be Supplimental Security Income, but it could also refer to Social Security Income.
If your finances exced your income do you still have to pay child support?
absolutely, your obligations to your child will take precedence over everything else.
What are tax write offs?
"Write offs" are slang for items that you deduct from your tax income or obligations. For example, if you have investment income of $100 but have a loss of $10 you can "net" the loss against the income. Or, as another example, if you pay fees of $12 for your IRA account, that fee is allowed to be "written off" the income.
There is the disintegration of human values in the modern world?
More advancement in technology and excessive recreation in materialistic sense deteriorated humanitarian relation.
