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1)Debt payments-to-income ratio is Multiple Choice determined by dividing your assets into liabilities. calculated by dividing monthly debt payments (not including house payments) by net

1)Debt payments-to-income ratio is Multiple Choice determined by dividing your assets into liabilities. calculated by dividing monthly debt payments (not including house payments) by net monthly income. a useless ratio for determining your credit capacity. rarely used by creditors in determining credit worthiness. calculated by dividing total liabilities by net worth.

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