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I don't know how I can do this: The purpose of this case study is to inform you of credit and debt limits acceptable in
I don't know how I can do this:
The purpose of this case study is to inform you of credit and debt limits acceptable in the banking industry.
In this case study you are required to put a debt plan together for an individual. It can be an actual or hypothetical person.
In your plan, choose a realistic salary, factor in taxes and allocate the amount of debt for each major category. These categories should include a car payment, mortgage, student loan and credit card debt.
Two categories are required. The total amount of debt and the monthly payment of each loan.
You are required to investigate the limits of debt imposed by the banking industry.
Finally, determine the amount left for living expenses and how much will be allocated for these items.
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