Debt ratio is a term that is commonly used to determine if an individual or company has enough liquidity to be qualified for financing or refinancing a loan; and credit capacity determines how much money a person is able to borrow.  If you’re having financial problems and cannot obtain financing for your individual or company’s loan or keep getting rejected for credit, there is a licensed and bonded credit service organization that can help you with your financial problems.

Vivix Credit Solutions has offered help to over 7,500 people with financial problems.  This helpful credit service organization offers free consultations and has affordable prices that are very competitive. Vivix Credit Solutions is based in Las Vegas, NV and can offer you the programs that have been successful for so many of their clients throughout the years.  They can help you obtain the credit score you need to obtain low-interest loans for your home or car, as well as for any credit card you need.  With low-interest loans, think of all the money you can save!  Vivix Credit Solutions is there for you when you need them the most.

Simply put, a debt ratio is a debt to income ratio that compares the amount of money a person makes in a month or year (assets) compared to its monthly or yearly debt payments (liabilities). To calculate the debt ratio, the individual’s liabilities are divided by its assets.   The answer will show how much of the individual’s income is being spent.  If you are spending more than 40% of what you make, banks will consider you a “high risk” and will not likely give you a loan.  It is best to be below 30%.  It shows that you can handle debt well and are worthy to get credit.

Credit capacity refers to your overall capacity to handle credit.  For example, if you have 10 accounts and you carry balances on all 10 accounts this means you are using 100% of your credit capacity (10 out of 10 accounts) even if your balances remain low.  Experts recommend to stay below a 30% capacity.

The amount of credit you are offered will depend on your debt ratio, if your income beats your expenses, as well as if you have good or bad credit and have used credit cards wisely in the past.  Vivix Credit Solutions can help you improve your credit to help you get the loans and credit you need.

The debt to credit ratio is another important factor to your overall credit rating.   Debt to credit ratio is the amount of credit or balance divided by the maximum credit limit.  For example, if you have a credit card limit of $10,000 and you use $5,000 you are using 50% of your credit limit.  Some experts say that it is best to stay below 30%.  Other experts would recommend for you to use no more than 15% to improve you credit rating even further.

As an individual, you know that your debt ratio, debt to credit ratio and credit capacity matter for you and yours to stay afloat and prosper.  You cannot borrow money to grow if you are having trouble paying your debts or face foreclosure or have judgments against you because of your financial problems.  Vivix Credit Solutions can help you get back on your feet.  Although they do not offer legal or financial services directly, they will provide you with the tools you need to improve your financial stability.