1. Distinguish among the debt payments-to-disposable income, debt-service-to-income, debt-to-equity ratios, and continues-debt methods for setting your debt...

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1. Distinguish among the debt payments-to-disposable income, debt-service-to-income, debt-to-equity ratios, and continues-debt methods for setting your debt limit.
2. What are the threshold levels for both the debt payments-to-disposable income, debt-service-to-income and ratio of debt-to-equity ratios that would indicate that a person is carrying too much debt?
3. Discuss how dual-earner households should consider their ability to carry additional debt?

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Personal Finance

ISBN: 978-1133595830

12th edition

Authors: Thomas Garman, Raymond Forgue

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