Question

Which would decrease your credit score? Check all that apply.
a decrease in income
an increase in debt amount
a missed payment
a late payment
a long credit history

Answer 1

Select all that apply:
- an increase in debt amount — YES (higher balances/credit utilization can lower your score)
- a missed payment — YES (payment history is the biggest factor; missed payments hurt)
- a late payment — YES (payments reported late — typically 30+ days — damage your score)

Not a direct cause:
- a decrease in income — NO (income isn’t part of credit-score formulas)
- a long credit history — NO (longer history generally helps, not hurts)