Question

A warning sign that a credit counseling agency may not be legitimate is when they promise to _____.
a.
work with creditors to come up with a reasonable payment plan for paying off debt
b.
help lower the monthly payments you must make to your creditors
c.
pay off your debts by lowering the interest rate that you pay on them
d.
settle your debts without it hurting your credit rating


Please select the best answer from the choices provided

A
B
C
D

Answer 1

D

Settling debts typically damages your credit score; a legitimate credit counselor will not promise debt settlement "without hurting your credit."