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Credit Basics- 8th Period Flashcards | StudBud
Credit Basics- 8th Period
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Income $5000 month; Student loan $120; Car loan $300. Which of the following is true?
A
Debts are within safe debt load for that income
B
Total debt exceeds recommended safe debt load
C
Student loan is within safe range; car is not
D
Subtract student loan from car payment to determine
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