Customers who take up the Smartphone Offer can choose from 1GB or 10GB data packages in addition to the data package applicable under their Smart, Elite Super or Emirati plan. Customers will be able to check the aggregate data available by sending a SMS with the key word âRewardsâ to the short code 1233.
For example, $1000 in monthly debt divided by $3000 in monthly income is a debt ratio of 33.3%. Your debt includes existing minimum payments on credit card and loan payments, as well as the mortgage payment you'd have if you get the loan, including taxes, insurance, and any mortgage insurance premium.
The back ratio is the same thing, only it also includes your monthly consumer debt. Consumer debt can be car payments, credit card debt, installment loans, and similar related expenses. Auto or life insurance is not considered a debt. A common guideline for debt-to-income ratios is 33/38.