2
QuizMultiple Choice

Understanding Credit — Quiz

Question 2 • Personal Finance

Which helps to establish a negative credit history?

Answer
A
Pay less than the minimum amount due.
B
Pay off the full amount with the first monthly statement.
C
Make payments on or before the due date.
D
Never miss a payment.

Explanation

Paying less than the minimum amount due means you have not met the required payment, which can hurt your credit history. Paying on time, never missing payments, or paying the full balance are behaviors that generally help build a positive credit history.

AI-written and checked against the verified answer.

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