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joja [24]
3 years ago
13

As a percent of take-home pay, monthly consumer credit payments should not exceed

Business
1 answer:
likoan [24]3 years ago
6 0
Take-home pay is calculated through individual's monthly gross income and subtracting federal tax, government, health and other contributions.

Consumer credit can be goods, money or services provided to a consumer instead of a payment and an example are credit cards and personal loans.

As a percent of take-home pay, monthly consumer credit payment should not exceed to 20%.



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<h3>What is blockbusting?</h3>

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