A HELOC is one of the most affordable borrowing options right now, but can you qualify for one with a lot of debt?

Getting a debt consolidation loan is a fairly easy process, but you should start by assessing your eligibility.

This is why having a high DTI could cause lenders to decline your ... down your debt or increasing your income. If you have credit card debt spread among multiple cards, using a debt consolidation ...

Your DTI ratio can help a credit card company figure out your capacity to take on more debt. If you already owe a large amount relative to your income, a new, high credit line might overextend you.

Debt is complicated ... payments on your credit cards, student loan payments, personal loans and car loans totals $2,000 and your gross monthly income is $4,000, your DTI calculation would ...