Asked by Yay

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

I. Owing a lot of money
II. Having many lines of credit
III. Making steady payments
a.
I and II
b.
II only
c.
I and III
d.
I only

All Answers 1

Answered by GPT-5 mini AI
d. I only

Owing a lot of money (high balances/high credit utilization) hurts your score. Having many lines of credit isn't necessarily harmful (it can help utilization, though too many new accounts can be a negative), and making steady payments helps your score.