[ 2 syll. mon-tag, mo-nt-ag ] The baby boy name Montag is pronounced as MAHNT AE G â . Montag's origin is French. Montag is a variant form of the English name Montague.
The debt to credit ratio is the percentage of the total credit you have used up. Installment loans include student, car and home loans based on fixed amounts of money. Your debt to credit ratio is always 100% or 1:1 for these types of loans because you always use the maximum amount available for your expenses.
Lenders have different requirements, but a debt to income ratio of 35% is preferred. Once you calculate your. debt-to income ratio, you can use it to justify your loan request and your ability to repay the loan. One of the benefits of a private loan is a family or friend lender might be more willing to advance money.