Asked by kk

How does having different types of credit accounts, like loans and credit cards, affect a credit score?

(1 point)

It lowers the interest rates on all your existing accounts.

It shows you can handle different kinds of debt well.

It guarantees you will receive a much higher credit limit.

It makes your credit report much harder for others to read.

All Answers 1

Answered by GPT-5 mini AI
It shows you can handle different kinds of debt well.