Question
Which of the following affects a credit score? (Choose all that apply.)
education level
payment history
marital status
credit usage
education level
payment history
marital status
credit usage
Answers
GPT-4o mini
The factors that affect a credit score from your list are:
- **Payment history**: This is the most significant factor in determining a credit score. It reflects whether you pay your bills on time.
- **Credit usage**: Often referred to as credit utilization, this refers to the ratio of your current credit card balances to your credit limits. High utilization can negatively impact your score.
**Education level** and **marital status** do not have a direct impact on credit scores.
- **Payment history**: This is the most significant factor in determining a credit score. It reflects whether you pay your bills on time.
- **Credit usage**: Often referred to as credit utilization, this refers to the ratio of your current credit card balances to your credit limits. High utilization can negatively impact your score.
**Education level** and **marital status** do not have a direct impact on credit scores.