Setting Reasonable Debt Limits
G1790
Published 2007
Published 2007
Using credit is a major part of managing personal or family finances for most people. However, credit and the resulting debt may allow people to spend beyond their means. Knowing how much debt you can afford without negative consequences by setting a Personal Credit Limit is one way to manage credit use.
To manage credit, ask yourself: how much debt can I afford?; when can I afford additional debt and how much?; how will I know if I am heading for credit trouble?; what will happen if I cannot pay my bills?
To manage credit, ask yourself: how much debt can I afford?; when can I afford additional debt and how much?; how will I know if I am heading for credit trouble?; what will happen if I cannot pay my bills?
Publication Details
Authors |
Kathy M. Prochaska-Cue Sandra D. Preston |
---|---|
Subject | |
Publication Date | January 01, 1991 |
Last Revision Date | October 30, 2007 |
Language | English |
Formats |
HTML / PDF |
Series | NebGuide |