DTI calculation

[rsivaraj]

I have a turbotax account and my DTI score is 90% with around $8500 indicated as "other payments" apart from my car loan, rent and credit card payments, making my total debt to $12500. I do not understand how my other debt payments are being shown as $8500, as I do not have any debt other than car and credit card balances

[tagteam]

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@rsivaraj wrote:
I have a turbotax account and my DTI score is 90% with around $8500 indicated as "other payments" apart from my car loan, rent and credit card payments, making my total debt to $12500. I do not understand how my other debt payments are being shown as $8500, as I do not have any debt other than car and credit card balances

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You should really check your credit reports (which you can get for free from the site below) to ensure that there are not any spurious/inaccurate items in your credit history.

https://www.annualcreditreport.com/index.action

[Nick bless]

I am having other payment on the DTI as well. I checked my credit report and nothing shows inaccuracies. Can TurboTax explain what that means because the calculation they have for DTI is confusing.. please don’t send us to a link. Just explain the “other payment” cos other credit reports show a lower DTI 

[tagteam · Accepted solution]

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@Nick bless wrote:

...please don’t send us to a link. Just explain the “other payment” cos other credit reports show a lower DTI 

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There is no alternative since there really is no actual support on this board for the Turbo application. You can try posting on their Facebook or Twitter pages.

Facebook: https://www.facebook.com/IntuitTurbo/?ref=br_rs

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