Paying off your credit card every month is good for your credit score.Group of answer choicesTrueFalse

Which is NOT a positive reason for using a credit card to finance purchases?Paying it off on time can help build your credit historyYou will get charged high interest.You can get rewards and discounts.You can buy something you need now and pay for it after pay day.

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

When paying your credit card bill, which amount must be paid each month to avoid damaging your credit score? aMinimum payment bGrace period cNew balance dFinance charge

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.

The most important thing you can do to help your credit score is what?Group of answer choicespay on timehave a lengthy credit historyhave different types of creditnot owe much on a credit card