Which of the following best describes the relationship between timely car payments and credit scores?(1 point)

Question

Responses

Only credit card payments affect credit scores.
Only credit card payments affect credit scores.

Timely payments can help build a good credit score.
Timely payments can help build a good credit score.

Timely payments have no effect on credit scores.
Timely payments have no effect on credit scores.

Late payments can improve credit scores.

Answer 1

The response that best describes the relationship between timely car payments and credit scores is:

Timely payments can help build a good credit score.