A Good Rule of Thumb Is to Limit Consumer Credit

question 75

Multiple Choice

A good rule of thumb is to limit consumer credit payments to ____________ percent of your net monthly income.

• A) 20
• B) 30
• C) 40
• D) 50
• E) 60

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Definitions:

Ignoring

Deliberately paying no attention or showing indifference to someone or something.

Moderate Eye Contact

Maintaining a balanced level of eye contact that is neither too intense nor too absent, often seen as a sign of engagement and confidence.

Asian Descent

Referring to individuals whose ancestors originated from the Asian continent.

Intimacy

Close familiarity or friendship; deep emotional connection between individuals, often in a romantic context.