Which of the following will increase your credit score?(1 point) Responses Your credit record goes back years, but all your current loans and/or accounts were opened recently. Your credit record goes back years, but all your current loans and/or accounts were opened recently. You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan. You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan. You recently applied for several credit cards. You recently applied for several credit cards. You have many missed or late payments on your credit cards or loans.
1 answer
The response that will likely increase your credit score is:
You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan.
Having a diverse mix of credit types (revolving credit like credit cards and installment loans like student and auto loans) can positively impact your credit score. The other options listed would either have a neutral or negative effect on your credit score.
