The Current State of American Consumer Debt
Use this calculator to quickly determine your debt-to-income ratio. This is the percentage of your gross...
Manage Your Debt - Let's Explore Your Options
GET STARTED NOWUse this calculator to quickly determine your debt-to-income ratio. This is the percentage of your gross income required to cover your housing and debt payments. The lower your debt-to-income ratio the more manageable your debt load will be. A low debt-to-income ratio increases the odds that you will be able to meet your monthly obligations. This ratio and your credit score are the two most important factors used by creditors when extending loans and credit.
Gross amount paid
Your total gross income from your paycheck.
Your income
Any other regular income you receive, such as rental payments or investment income.
House payment
Monthly payment for your home or apartment. For a home payment, include principal, interest, insurance and property taxes.
Auto payment
Your monthly auto loan payment. This should be for your auto loan only, auto insurance should not be included.
Auto payment 2
Any additional auto, truck or RV payments should be entered here.
Credit card payments
Enter the total of all of your credit card payments. For this calculation, please enter the minimum payments even if you pay off a larger portion of your balance each month.
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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Use this calculator to quickly determine your debt-to-income ratio. This is the percentage of your gross...
Examiners found servicers engaging in unfair practices in trying to collect on private student loans discharged in bankruptcy
For many people, the announcement last year that the three major credit reporting agencies would remove paid medical debts from credit reports was a welcome relief. Medical bills and the confusion those bills and insurance cause, has led to many people owing debts they never planned for. Here is an update on the changes to credit reports, credit scores, and how to manage medical bills.
Budgeting can be challenging, but more digital tools are available to help you boost savings, lower debt, and experience greater peace of mind about finances. Discover some of the best money management apps to help you achieve more financial stability in 2023.
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