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Why Is the Debt Limit Ratio and 28/36 Rule More

question 7

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Why is the debt limit ratio and 28/36 rule more important to conservative lenders like Banks and Credit Unions and not so important for lenders like small Finance companies and Payday lenders?


Definitions:

pH Testing

A procedure to measure the acidity or alkalinity level of a solution, where 7 is neutral, numbers below 7 are acidic, and above 7 are alkaline.

Total Parenteral Nutrition

A method of feeding that bypasses the gastrointestinal tract, providing nutrition directly into the bloodstream for those unable to eat or absorb food normally.

Central Venous Catheter

A medical device inserted into a large vein, typically in the neck, chest, or groin, used to administer medications, fluids, or obtain blood tests.

Injection Port

A medical device implanted under the skin that allows for easy and repeated access to the vascular system for the delivery of medications.

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