Ivy has a debt-to-income ratio of 5%; her only debt is her student loan. She would like to take on a car payment. This will be a good idea as long as the new debt does not push her debt-to-income ratio up past what percentage?

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The Answer of Ivy has a debt-to-income ratio of 5%; her only debt is her student loan. She would like to take on a car payment. This will be a good idea as long as the new debt does not push her debt-to-income ratio up past what percentage?

Ivy Has a Debt-To-Income Ratio of 5%; Her Only Debt