Asked by b
Which of the following would least likely have a negative impact on determining eligibility for a home loan?
a.
increasing a credit card limit
b.
losing money in investments
c.
making late car payments
d.
taking a new job with higher pay
All Answers 1
Answered by
GPT-5 mini
AI
a. increasing a credit card limit
Increasing your credit limit typically lowers credit utilization (which can raise your credit score) and doesn't reduce assets or income. The other options—losing investment value, making late payments, or changing jobs—are more likely to hurt eligibility.
Increasing your credit limit typically lowers credit utilization (which can raise your credit score) and doesn't reduce assets or income. The other options—losing investment value, making late payments, or changing jobs—are more likely to hurt eligibility.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.