If your debt safety ratio works out to 10%, you are relying too heavily on credit.

Name: If your debt safety ratio works out to 10%, you are relying too heavily on credit.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A debt safety ratio of 10% indicates a low level of debt compared to income, suggesting that the individual is not overly reliant on credit. Typically, a higher percentage would indicate a heavier reliance on credit.

If Your Debt Safety Ratio Works Out to 10%, You