Experts suggest that you spend no more than 20 percent of your net income on credit payments.(However, 15 percent is much better.)

Name: Experts suggest that you spend no more than 20 percent of your net income on credit payments.(However, 15 percent is much better.)
Brand: Quizplus
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Quizplus · Accepted Answer

Experts suggest that you spend no more than 20 percent of your net income on credit payments. However, they advise that 15 percent is much better as it keeps you within a manageable debt level. Therefore, the statement is true.

Experts Suggest That You Spend No More Than 20 Percent