Ch 06: Assignment - Using Credit X Type of Loan Payment Amount Auto $630 Student 90 A-Z Credit cards 180 House mortgage 1,700 Total $2,600 and include his house mortgage. The total monthly loan payments figure Alex will use when computing his debt safety ratio is $ Alex's debt safety ratio is % and considered Alex's debt safety ratio changed to 15%. His take-home pay must have or his monthly loan payments must have Lenders may now be willing to give him 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 serve as an early warning system of approaching financial trouble, providing time to take preventive measures. It can influence decisions about looking for a higher or lower-paying job. It can influence decisions whether to return to school, if a loan will be needed to pay for it. Ch 06: Assignment - Using Credit X Type of Loan Payment Amount Auto $630 Student 90 A-Z Credit cards 180 House mortgage 1,700 Total $2,600 and include his house mortgage. The total monthly loan payments figure Alex will use when computing his debt safety ratio is $ Alex's debt safety ratio is % and considered Alex's debt safety ratio changed to 15%. His take-home pay must have or his monthly loan payments must have Lenders may now be willing to give him 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 serve as an early warning system of approaching financial trouble, providing time to take preventive measures. It can influence decisions about looking for a higher or lower-paying job. It can influence decisions whether to return to school, if a loan will be needed to pay for it