Of the following statements, which one or ones describe actions helpful to your credit score? I. Quickly payin

Question

Of the following statements, which one or ones describe actions helpful to your credit score?

I. Quickly paying off debts
II. Having recent debts
III. Having long-standing lines of credit
a.
I only
b.
II and III
c.
I and III
d.
III only
 

Please select the best answer from the choices provided

GPT-5 mini · Answer

c. I and III

Explanation: Paying debts quickly (on time and reducing balances) improves payment history and lowers credit utilization, both good for scores. Long-standing lines of credit lengthen your credit history, which also helps. Recent debts or newly opened accounts can hurt scores by lowering average account age and potentially increasing inquiries.

Of the following statements, which one or ones describe actions helpful to your credit score?

I. Quickly paying off debts
II. Having recent debts
III. Having long-standing lines of credit
a.
I only
b.
II and III
c.
I and III
d.
III only

Please select the best answer from the choices provided

All Answers 1

Submit Your Answer

Of the following statements, which one or ones describe actions helpful to your credit score? I. Quickly paying off debts II. Having recent debts III. Having long-standing lines of credit a. I only b. II and III c. I and III d. III only Please select the best answer from the choices provided

All Answers 1

Submit Your Answer

Of the following statements, which one or ones describe actions helpful to your credit score?

I. Quickly paying off debts
II. Having recent debts
III. Having long-standing lines of credit
a.
I only
b.
II and III
c.
I and III
d.
III only

Please select the best answer from the choices provided