Final answer:
Craig can spend a maximum of $6,250.00 per month on credit card payments and loans without being in danger of credit overload.
Step-by-step explanation:
To determine the maximum amount that Craig can spend per month without credit overload, we need to consider his annual take-home pay. Since his annual take-home pay is $75,000, we can divide this by 12 to find his monthly income. $75,000 ÷ 12 = $6,250.00
Therefore, Craig can spend a maximum of $6,250.00 per month on credit card payments and loans without being in danger of credit overload.
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