Do you remember studying the food chain long ago? Plants capture energy from the sun to produce their own food, and are therefore called “producers.” The animals that eat those plants, or other animals, are labeled “consumers.” When we think of humans as consumers, we may immediately think about our consumption of food and drink. […]
Financial Consumers
WRITTEN BY: Emily Marrison, Extension Educator, Family and Consumer Sciences, Ohio State University Extension, Coshocton County
REVIEWED BY: Courtney Woelfl, Program Specialist, Healthy Finances, Family and Consumer Sciences, Ohio State University Extension
PHOTO CREDITS:
- https://unsplash.com/photos/bmj1Vl77ZWM
- https://unsplash.com/photos/NpTbVOkkom8
SOURCES:
- Egan, J. What’s the most important factor of your credit score? Experian. August 29, 2021. https://www.experian.com/blogs/ask-experian/what-factor-has-the-biggest-impact-on-credit-score/
- What is a debt-to-income ratio? Why is the 43% debt-to-income ratio important? Consumer Financial Protection Bureau. November 15, 2019. https://www.consumerfinance.gov/ask-cfpb/what-is-a-debt-to-income-ratio-why-is-the-43-debt-to-income-ratio-important-en-1791/#:~:text=Your%20debt%2Dto%2Dincome%20ratio,money%20you%20plan%20to%20borrow
REFERENCES:
- Mortgages key terms. Consumer Financial Protection Bureau. Retrieved October 18, 2021. https://www.consumerfinance.gov/consumer-tools/mortgages/answers/key-terms/?_gl=1*17g9u5n*_ga*MTg0NTk3MTQyNy4xNjMwNDMwODA4*_ga_DBYJL30CHS*MTYzNDU4NzgxMi40LjEuMTYzNDU4ODI0OS4w