Which of the following practices could negatively affect one’s credit score?(1 point)

Question

Responses

Reaching the spending limit on one’s credit account
Reaching the spending limit on one’s credit account

Paying bills on time
Paying bills on time

Monitoring one’s credit report
Monitoring one’s credit report

Protecting against fraud and identity theft

Answer 1

Reaching the spending limit on one’s credit account could negatively affect one’s credit score. This is because it increases your credit utilization ratio, which is a significant factor in calculating credit scores. The other practices listed—paying bills on time, monitoring one’s credit report, and protecting against fraud and identity theft—are generally positive behaviors that can help maintain or improve one’s credit score.