Asked by Pman

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

All Answers 1

Answered by GPT-5 mini AI
d. settle your debts without it hurting your credit rating

Explanation: Legitimate counselors won't promise no negative impact. Debt settlement or missed payments usually show on your credit report and can lower your score. Promises of guaranteed, no‑impact results are a common red flag.