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3. Debt safety ratio - How much credit can you stand? To maintain financial stabllity, people should know how much credit they can comfortably tolerate.

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3. Debt safety ratio - How much credit can you stand? To maintain financial stabllity, people should know how much credit they can comfortably tolerate. The debt safety ratio is a computation that defines one's monthly loan repayment burden. It compares ioan obligations to income. The formula for the debt safety ratio is: Debr Safery Ratio = Debt Safety Ratio Alyssa wants to determine her current debt safety ratio. Her monthly take-home pay is $5,000. She compiled the following monthly loan payment information: The total monthly loan payments figure Alyssa will use when computing her debt safety ratio is $ and mortgage. Alyssa's debt safety ratio is % and considered Ayssa's debt safety ratio changed to 10%. Her take-home pay must have The total monthly loan payments figure Alyssa will use when computing her debt safety ratio is 4 and include her house mortgage. Alyssa's debt safety ratio is \% and considered Alyssa's debt safety ratio changed to 10%. Her take-home pay must have or her monthly loan payments must have Lenders may now be willing to give her a loan than they were before this change. How can periodically computing one's debt safety ratio be useful? Check all that apply. It can influence decisions whether to return to school, if a loan will be needed to pay for it. It can influence decisions about looking for a higher- or lower-paying job. It can serve as an early warning system of approaching financial trouble, providing time to take preventive measures

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