Juan takes home $4600 per month from his job as a business analyst. If his only debt obligations are a car loan payment of $690 and a mortgage payment of $860 every month, is he in danger of credit overload?

A. Yes, because the sum of $690 and $860 is greater than $920.
B. No, because the sum of $690 and $860 is greater than $920.
C. No, because $690 is less than $920.
D. Yes, because $690 is less than $920.

Question

Juan takes home $4600 per month from his job as a business analyst. If his only debt obligations are a car loan payment of $690 and a mortgage payment of $860 every month, is he in danger of credit overload?

 		A.	Yes, because the sum of $690 and $860 is greater than $920.
 		B.	No, because the sum of $690 and $860 is greater than $920.
 		C.	No, because $690 is less than $920.
 		D.	Yes, because $690 is less than $920.

chaise · Answer

Every month he takes home 4600, and has to pay 490+860 in bills, this totals 1550. 

I think he has more than enough to pay back his bills.