Which of the following will likely lower your credit score?(1 point)

Question

Responses

You are three months away from paying off your 5-year loan.
You are three months away from paying off your 5-year loan.

You recently declared bankruptcy.
You recently declared bankruptcy.

All of your accounts date back five years or more.
All of your accounts date back five years or more.

All your low balances on your credit cards.

Answer 1

The response that is most likely to lower your credit score is:

You recently declared bankruptcy.

Bankruptcy has a significant negative impact on your credit score and can remain on your credit report for up to ten years.