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.

Question

Quizplus · Accepted Answer

Contacting your creditors to try to work out a modified payment plan is often the best first step when you find yourself unable to make payments. This approach can lead to more manageable payment terms and demonstrates your intention to pay your debts.

If You Find That You Cannot Make Your Payments,the First