Comments on: Debt Service Ratio – GDS and TDS http://canadianfinanceblog.com/2009/04/07/debt-service-ratio-gds-and-tds.htm The Canadian Source For Personal Finance Sat, 13 Mar 2010 12:34:58 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: free finance help http://canadianfinanceblog.com/2009/04/07/debt-service-ratio-gds-and-tds.htm/comment-page-1#comment-3667 free finance help Tue, 16 Feb 2010 13:46:47 +0000 http://canadianfinanceblog.com/?p=269#comment-3667 Using these two ratios is a good strategy for banks as it calculates how much debt will be taken out of a person account and work and show how much they have to live off each month which if it turn out is not a lot then offering a mortgage is a bad idea because they customer will get into other debts just to survive. .-= free finance help´s last blog ..<a href="http://www.creditcardukdebt.com/ /be-smart-with-your-credit-card-debt/" rel="nofollow">Be Smart With Your Credit Card Debt</a> =-. Using these two ratios is a good strategy for banks as it calculates how much debt will be taken out of a person account and work and show how much they have to live off each month which if it turn out is not a lot then offering a mortgage is a bad idea because they customer will get into other debts just to survive.
free finance help´s last blog ..Be Smart With Your Credit Card Debt

]]> By: Matt SF http://canadianfinanceblog.com/2009/04/07/debt-service-ratio-gds-and-tds.htm/comment-page-1#comment-3501 Matt SF Sun, 07 Feb 2010 21:31:59 +0000 http://canadianfinanceblog.com/?p=269#comment-3501 Just curious, but is there any difference between the Total Debt Service ratio and the Debt to Income ratio? If the same, could it be just a difference in nomenclature between U.S. and Canadian finance industries? .-= Matt SF´s last blog ..<a href="http://feedproxy.google.com/~r/SteadfastFinances/~3/9QslCqI7ccQ/" rel="nofollow">Personal Finance Equations You Should Know: the Cash Flow Equation</a> =-. Just curious, but is there any difference between the Total Debt Service ratio and the Debt to Income ratio?

If the same, could it be just a difference in nomenclature between U.S. and Canadian finance industries?
Matt SF´s last blog ..Personal Finance Equations You Should Know: the Cash Flow Equation

]]> By: John Nemeth http://canadianfinanceblog.com/2009/04/07/debt-service-ratio-gds-and-tds.htm/comment-page-1#comment-2495 John Nemeth Thu, 03 Dec 2009 09:26:44 +0000 http://canadianfinanceblog.com/?p=269#comment-2495 Does "gross monthly income" mean before taxes or does it mean take-home pay? Does “gross monthly income” mean before taxes or does it mean take-home pay?

]]> By: Friday Links | The Canadian Finance Blog http://canadianfinanceblog.com/2009/04/07/debt-service-ratio-gds-and-tds.htm/comment-page-1#comment-1473 Friday Links | The Canadian Finance Blog Fri, 09 Oct 2009 09:04:45 +0000 http://canadianfinanceblog.com/?p=269#comment-1473 [...] included Debt Service Ratio – GDS and TDS in this week’s Carnival Of Everything About Personal [...] [...] included Debt Service Ratio – GDS and TDS in this week’s Carnival Of Everything About Personal [...]

]]> By: Carnival of everything about personal finance - 11th Edition | nil2million.com http://canadianfinanceblog.com/2009/04/07/debt-service-ratio-gds-and-tds.htm/comment-page-1#comment-1197 Carnival of everything about personal finance - 11th Edition | nil2million.com Sun, 13 Sep 2009 08:42:06 +0000 http://canadianfinanceblog.com/?p=269#comment-1197 [...] Drake presents Debt Service Ratio - GDS and TDS | The Canadian Finance Blog posted at The Canadian Finance Blog, saying, “GDS and TDS are ratios that banks and mortgage [...] [...] Drake presents Debt Service Ratio – GDS and TDS | The Canadian Finance Blog posted at The Canadian Finance Blog, saying, “GDS and TDS are ratios that banks and mortgage [...]

]]> By: Thicken My Wallet http://canadianfinanceblog.com/2009/04/07/debt-service-ratio-gds-and-tds.htm/comment-page-1#comment-267 Thicken My Wallet Wed, 08 Apr 2009 14:58:30 +0000 http://canadianfinanceblog.com/?p=269#comment-267 Great post. Interestingly enough, during the credit bubble banks were lending on TDS pushing 42%-45%. I suspect that has gone back down to prudent lending practices. Great post. Interestingly enough, during the credit bubble banks were lending on TDS pushing 42%-45%. I suspect that has gone back down to prudent lending practices.

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