Asked by Anonymous

You have a credit card that has a balance of $3,589.90 and a credit limit of $5,000. If you have a good credit rating OF 5.90%, how much must you pay at the end of the month to get the balance to the acceptable debt ratio percentage?

Answered by bobpursley
"acceptable debt ratio percentage" ?
Normally, debt ratio is debt to income, or debt to assests. I do not understand any debt ratio measuring current debt to possible debt.
Answered by wiccanviven
69.7%
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