Finance
Which of the following would INCREASE a buyer's debt-to-income ratio?
APaying off a car loan before applying
BReceiving a salary raise
CCo-signing a friend's student loan✓ Correct
DMaking a larger down payment
Explanation
Co-signing a loan makes the co-signer legally responsible for the debt. That monthly obligation is included in the co-signer's total debt payments, increasing their DTI ratio.
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