_____ 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

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

Credit is a helpful tool because it:A.prevents lenders from charging higher interest rates in the future.B.rewards people for saving a percentage of their earnings.C.ensures that people do not overspend or exceed their ability to pay.D.allows people to borrow money that can be paid back later.SUBMITarrow_backPREVIOUS

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.

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