You recently declared bankruptcy.
This action has a significant negative impact on your credit score and can remain on your credit report for several years, affecting your ability to obtain new credit or loans.
Question
Which of the following will likely lower your credit score?(1 point)
Responses
All your low balances on your credit cards.
All your low balances on your credit cards.
You are three months away from paying off your 5-year loan.
You are three months away from paying off your 5-year loan.
All of your accounts date back five years or more.
All of your accounts date back five years or more.
You recently declared bankruptcy.
1 answer