Question: 1 Distinguish among the debt payments to disposable income debt service to income debt to equity

1. Distinguish among the debt payments-to-disposable income, debt-service-to-income, debt-to-equity ratios, and continues-debt methods for setting your debt limit.
2. What are the threshold levels for both the debt payments-to-disposable income, debt-service-to-income and ratio of debt-to-equity ratios that would indicate that a person is carrying too much debt?
3. Discuss how dual-earner households should consider their ability to carry additional debt?

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  • CreatedNovember 26, 2014
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