Opening a lot of credit accounts.   Keeping your balance at the maximum available amount of credit.   Paying off your debt as quickly as possible. Good job!  All of the above

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

Which is a benefit of maintaining a high credit score?A.Paying lower interest rates on loansB.Increasing your debt-to-credit ratioC.Paying higher interest rates on loansD.Opening as many credit accounts as you wantSUBMITarrow_backPREVIOUS

Which of the following suggestions about managing money during tough times is sound financial advice?Group of answer choicesYou should never pay more than the minimum amount on your credit card balance. The stock market will give you a greater return on an investment than a savings account.Health insurance payments can wait if you are healthy.Do not try to consolidate your debt without researching the consolidation service thoroughly.

What is one effective strategy for managing credit card debt?A.Paying only the minimum monthly payment on all credit cardsB.Replacing low-interest credit cards with high-interest optionsC.Ensuring that all of your credit card bills are paid on timeD.Spending your full credit limit before making a payment

_____ is considered a good practice for maintaining good credit.A.Lowering your balancesB.Making numerous applications for creditC.Keeping a high debt-to-credit ratioD.Opening many credit accountsSUBMITarrow_backPREVIOUS