We want you to have manageable debt, and keeping your debt-to-income ratio at 30% will help you do that. Low debt-to-income ratios will help you pay less interest, late fees and more.
Your debt to income is calculated by taking your average debt payment from the last 90 days and dividing it by your average income. Continue scrolling to see a bar graph of your debt payments over time, and a chart of your debt balance over time.
The other borrow insight you will see is what the status is of your credit score. A good score is generally considered to be anything above a 700. Learn more about why your credit score is important and see your credit score over time.
To learn more about the FinStrong tool, watch the quick clip here.
Disclaimer: The functionality of this software varies depending on which financial institution you use. Not all content in this help center will apply to your experience.