Multiple Choice
If you find that you cannot make your payments,the first thing you should do is:
A) skip town.
B) declare personal bankruptcy.
C) borrow from a loan shark to make the payment.
D) let the balance owed go to a collection agency.
E) contact your creditors and try to work out a modified payment plan with them.
Correct Answer:

Verified
Correct Answer:
Verified
Q79: In open-end credit,what are the various systems
Q80: Credit unions offer loans with a single
Q81: Which one of the following is a
Q82: Credit counselors are aware that most people
Q83: Credit life insurance provides for the repayment
Q85: Anthony Newton wants to buy a new
Q86: The Consumer Credit Counseling Service (CCCS)is a
Q87: Which one of these is the fairest
Q88: Buying on credit is almost always cheaper
Q89: An increasing number of personal bankruptcies are