menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    PFIN
  4. Exam
    Exam 6: Using Credit
  5. Question
    The Key to Creditworthiness Is to Maintain Your Debt Safety
Solved

The Key to Creditworthiness Is to Maintain Your Debt Safety

Question 9

Question 9

True/False

The key to creditworthiness is to maintain your debt safety ratio at 50 percent or above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q4: A credit applicant is granted credit only

Q5: A person who pays off his credit

Q5: Families that have a steady source of

Q6: _ cards offer the cardholder a way

Q7: Which of the following is a result

Q13: Most of your debts would be totally

Q14: Nancy's take-home income is $3,000 per month,and

Q47: Arranging for and fully repaying a small

Q91: If you initiated the telephone call, it

Q102: A credit card user's credit rating will

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines