The jones family would like to buy a home, but they have …

Question:

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.

Answer:

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