Experts suggest that you spend more than 20% of your net (after-tax) income on consumer credit payments.

Name: Experts suggest that you spend more than 20% of your net (after-tax) income on consumer credit payments.
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Question

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Experts typically recommend that you spend no more than 10-15% of your net income on consumer credit payments, so spending more than 20% would be considered excessive and could lead to financial difficulties.

Experts Suggest That You Spend More Than 20% of Your