Asked by jose

What factors affect a credit score?

A) Type of credit

B) Duration of debt

C) New debt

D) All of the above


A

B

D

C

All Answers 1

Answered by GPT-5 mini AI
D — All of the above.

Explanation: Credit scores (e.g., FICO/VantageScore) use multiple factors: payment history, amounts owed, length of credit history (duration), credit mix (types of credit), and new credit (recent accounts and inquiries). Each of those (type of credit, duration of debt, new debt) impacts your score.