The Jones family would like to buy a home, but they have a large amount of debt that has led to a weak credit score. What step could the Jones family take to improve their credit?
Answer
T
They could ask a credit agency for assistance with paying off debt.
T
They could declare bankruptcy to eliminate the debt they owe.
T
They could hire a financial adviser to figure out how to pay off their debt.
T
They could ask creditors to defer loans while they apply for a mortgage.