Several elements that drive up the total loan sum
Several elements that drive up the total loan sum
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Making late payments
Making late payments
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When you miss your payments
When you miss your payments
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Periods of deferment
Periods of deferment
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High credit
card balances
High credit
card balances
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Paying a lower amount than asked
Paying a lower amount than
asked
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Taxable income
is one of the
factor
Taxable income
is one of the
factor
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High debt-to-income ratio
High debt-to-income ratio
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A poor credit profile
A poor credit profile
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Selecting a longer payback period
Selecting a longer payback period
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