Which of the following will increase your credit score?(1 point)

Question

Responses

You have many missed or late payments on your credit cards or loans.
You have many missed or late payments on your credit cards or loans.

You recently applied for several credit cards.
You recently applied for several credit cards.

You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan.
You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan.

Your credit record goes back years, but all your current loans and/or accounts were opened recently.

Answer 1

The option that will likely increase your credit score is:

You have a major credit card, a store credit card, and a gasoline credit card, as well as a student loan and an auto loan.

Having a mix of different types of credit and maintaining a good payment history can positively impact your credit score. The other options, such as having missed or late payments, applying for several credit cards in a short time frame, or having all accounts opened recently, can negatively affect your credit score.