Question

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 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.

Answer 1

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.

Explanation: A diverse mix of credit types (revolving and installment) helps your credit score. The others (many missed/late payments, multiple recent credit applications) hurt your score; having only very new accounts can also lower your average account age.