Canadian Money Forum banner


  1. TDS calculation for credit cards with no balance

    Real Estate
    I was wondering how the credit card debt is factored into TDS calculations if there is no balance. For example, I have a Visa with a $2,000 limit, but I never carry a balance. I put a few hundred dollars on it every month and pay it off right away. The TDS calculators always ask for credit card...
  2. TDS Ratio calculation for credit cards

    General Personal Finance Talk
    I am considering to apply for a loan and for most articles I've read, this is an important 'index' to qualify for one. I've looked into my credit report online and found out I'm doing well on my FICO score (~700) so I think the biggest factor for me to qualify would be my TDS ratio. So I was...