The Debt Diet Quiz 4:
Check Your Understanding : Pay it down

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Check Your Understanding: Pay it down

How did you do? You answered [WLQuiz_Total_Correct_Answers name=The Debt Diet Map Q4: Check Your Understanding: Pay it down id=14] out of [WLQuiz_Total_Questions name=The Debt Diet Map Q4: Check Your Understanding: Pay it down id=14] questions correctly. See the correct answers to each question below:

1) In what order should you pay down your debts?
Correct Answer: In order of interest rate, from highest to lowest.

2) What’s the first thing you should do if you find you don’t have enough money to pay your debts?
Correct Answer: Call your creditors and explain the situation.

3) What does a credit counselor do for you?
Correct Answer: Negotiate lower interest rates and, in many cases, waive late fees and penalties.

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