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    Personal Financial Planning Study Set 6
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    Exam 6: Using Credit
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    Lenders Use the Guideline That a Borrower's Monthly Repayment Burden
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Lenders Use the Guideline That a Borrower's Monthly Repayment Burden

Question 97

Question 97

True/False

Lenders use the guideline that a borrower's monthly repayment burden should not be more than 20% of the borrower's take-home pay.

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