Can You Afford a Loan Before you take out a loan you need to be sure you can afford it.
{"Image DocumentName": "Can You Afford a Loan?Before you take out a loan you need to be sure you can afford it.", "Image ImageDescription": "This can be answered by subtracting totaling all your bills from your net income. Consider what you would give up to make the monthly loan payment. Debt payments-to-income is the % of debt you have in relation to your net income. Net income = take-home pay + allowance + gifts + interest, etc) 15 to 20% is the most you should spend on debt. Remember Emergency Expenses.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}