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

Question

Responses

You have many missed or late payments on your credit cards or loans.
You have many missed or late payments on your credit cards or loans.

You recently applied for several credit cards.
You recently applied for several credit cards.

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.

Answer 1

The option that is most likely to 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.

This option indicates a mix of credit types, which is generally beneficial for your credit score. Having a diverse credit portfolio can positively impact your credit history, as long as you manage it responsibly. The other options either indicate negative behaviors (missed payments, multiple applications for credit in a short period, and a lack of credit history for older accounts) that can harm your credit score.