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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?

A)They could ask a credit agency for assistance with paying off debt.
B)They could declare bankruptcy to eliminate the debt they owe.
C)They could hire a financial adviser to figure out how to pay off their debt.
D)They could ask creditors to defer loans while they apply for a mortgage.

User Maephisto
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2 Answers

4 votes

Answer:

c

Step-by-step explanation:

User Stefan Friesel
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6 votes

Answer:

C) They could hire a financial adviser to figure out how to pay off their debt.

Step-by-step explanation:

Financial advisors can provide help in how to manage debt in order to be able to plan for a sound financial future. Through the analysis of the debt owned by a client, the financial advisor can work to prioritize the client's debt payback plan. They usually provide a variety of services, like investment administration, income tax preparation and estate outlining.

User Chew Socks
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