Business, 11.12.2021 03:00, endreu2005

Evaluating debt burden. Ted Phillips has a monthly take-home pay of $1,685; he makes payments of $410 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 $850 a month and he had monthly credit
payments of $150?

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Evaluating debt burden. Ted Phillips has a monthly take-home pay of $1,685; he makes payments of $41...