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Isaac Wright has a monthly take-home pay of $1,285; he makes payments of $390 a month on his outstanding consumer credit (excluding the mortgage on
Isaac Wright has a monthly take-home pay of $1,285; he makes payments of $390 a month on his outstanding consumer credit (excluding the mortgage on his home). How would you characterize Isaac's debt burden? What if his take-home pay were $780 a month and he had monthly credit payments of $150?
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