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However, the lender will also check what your DTI will be once you pay those accounts off. Direct disbursement on a consolidation loan means the funds are delivered directly to your creditors instead of you.



They divide your total monthly debt payments by your total monthly income.So, the better your credit, the more effective a consolidation loan can be.Debt-to-income (DTI) ratio comes into play because the underwriter must ensure you can afford the payments on the loan.Just make sure to check your account balances after disbursement to see where each account stands after you consolidate.