Your friend confides in you that he has a low credit score. What is the single best way for him to improve his score?*1 pointCancel his credit cardsMake on-time paymentsGet a car loanCheck his credit score

Which action is most likely to improve a person's credit score?A.Completing a credit card applicationB.Filing for bankruptcy protectionsC.Paying all credit card bills on timeD.Reaching the credit limit on a credit card

Which of the following will help you have a good credit score?Group of answer choicesOpening a lot of credit accounts.Keeping your balance at the maximum available amount of credit.Paying off your debt as quickly as possible.All of the above

Consumers are most likely to have a good credit score if they:A.never miss their monthly credit card payments.B.fully complete a credit card application.C.reach the credit limit on multiple credit cards.D.file for bankruptcy to have their debts forgiven.

How does a low credit score affect a person who applies for a loan?A.It causes banks to charge the person higher interest rates on the loan.B.It makes it easier for the person to get a loan with a poor debt-to-income ratio.C.It makes banks more likely to give the person a large, long-term loan.D.It allows banks to give the person a loan without checking his or her tax records.

How does a low credit score affect a person who applies for a loan?A.It allows banks to give the person a loan without checking his or her tax records.B.It makes banks more likely to give the person a large, long-term loan.C.It causes banks to charge the person higher interest rates on the loan.D.It makes it easier for the person to get a loan with a poor debt-to-income ratio.SUBMITarrow_backPREVIOUS