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You pay off the $800.00 credit limit card from the previous problem. What happens to your debt ratio? (Remember, in the previous problem you have four credit cards. Each has a balance of $450.00, but their credit limits are $800.00, $1,200.00, $1,300.00, and $1,500.00.)

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1. You pay off the $800.00 credit limit card from the previous problem. What happens to your debt ratio? (Remember, in the previous problem you have four credit cards. Each has a balance of $450.00, but their credit limits are $800.00, $1,200.00, $1,300.00, and $1,500.00.)





 
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