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Business, 10.11.2019 08:31 Jasten

Sabina makes $2,000 per month. she spends $300 on credit card payments and $450 on an auto loan. does she have excessive debt?

yes, because her debt-to-income ratio is higher than 36 percent.
no, because her debt-to-income ratio is lower than 36 percent.
no, because her debt-to income ratio lower than 42 percent.
yes, because her debt-to-income ratio is 50 percent.

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Sabina makes $2,000 per month. she spends $300 on credit card payments and $450 on an auto loan. doe...
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