Chloe Young is evaluating her debt safety ratio. Her monthly take-home pay is $3,320 from her job as a teacher. Each month, she pays $325 for an auto loan from Ford Financing, $95 on a personal line of credit from Bank of America, $40 on a Target Credit Card, $85 on her Chase Bank Credit Card, and $100 towards her student loan payment serviced by MOHELA.
Please download a copy of the Consumer Debt Case Study Worksheet. Use the information above to fill in the sections of the top portion that are shaded in blue. From there answer the questions in the bottom portion by appropriately filling out the sections shaded in orange.
When complete, please upload the workbook as your submission for this case study.
Chloe Young is evaluating her debt safety ratio. Her monthly take-home pay is $3
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