Question
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Question 10 of 10
Which entries on a credit report will decrease your credit score?
Late payments
Bill paid on time
Current address
Soft inquiries
Question 10 of 10
Which entries on a credit report will decrease your credit score?
Late payments
Bill paid on time
Current address
Soft inquiries
Answers
GPT-4o mini
Entries on a credit report that will decrease your credit score include:
- **Late payments**: These can significantly impact your credit score, as they indicate a history of missed or delayed payments on credit accounts.
The other options listed generally do not decrease your credit score:
- **Bill paid on time**: This can positively affect your credit score.
- **Current address**: This information does not affect your credit score.
- **Soft inquiries**: These do not impact your credit score; they are typically related to background checks and do not result from applying for new credit.
In summary, the correct answer is **Late payments**.
- **Late payments**: These can significantly impact your credit score, as they indicate a history of missed or delayed payments on credit accounts.
The other options listed generally do not decrease your credit score:
- **Bill paid on time**: This can positively affect your credit score.
- **Current address**: This information does not affect your credit score.
- **Soft inquiries**: These do not impact your credit score; they are typically related to background checks and do not result from applying for new credit.
In summary, the correct answer is **Late payments**.