A couple finds that they are experiencing debt problems and decide to find a credit counseling agency. What are three (3) things that the couple should find out about an agency before they allow the agency to represent them?

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Mathematics

Broderick Clay

10 July, 00:57

A couple finds that they are experiencing debt problems and decide to find a credit counseling agency. What are three (3) things that the couple should find out about an agency before they allow the agency to represent them?

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Answers (2)

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Tobias Valenzuela · Answer 1

This is an odd question ...

The couple should find out the following:

1.) is the agency legitimate?

2.) Will they be doing a hard inquiry on our credit history? if so, this could affect our current credit score

3.) Will they charge me to review my current credit reports?

Baron Hayden · Answer 2

Just got this right on Edge. Here's the answer I wrote:

The couple should find out if there are large up-front fees, if the agency is accredited, how much of each payment goes to the agency, and whether the agency's promises are truly unrealistic.