Martin used his credit card to buy a new bike. Which statement is true?
You opened three new credit card accounts in a month. increasedecreaseno effect
Your employer gave you a raise, so your income increased. increasedecreaseno effect
The balance on your credit card is close to the credit limit. increasedecreaseno effect
Which are considered good credit practices? Check all that apply.
Which should Mark do to increase his credit score?
Which would decrease your credit score? Check all that apply.
Greg would have saved $ .
898.75
You make more than minimum payments before the due dates. increasedecreaseno effect
Check all that you included in your response.
Sample response: Yes, Ahmed has a very good credit score. A credit score is a numerical rating that shows how good one’s credit is. It ranges from 300 to 850. Lenders will use his credit score to determine how likely it is that he will pay back the loan. With a score of 750, they will be confident that he will pay the money back. Check all that you included in your response.Yes, a score of 750 is a good credit score, so Ahmed should qualify for a car loan.Lenders use credit scores to determine h
Question text not available
You missed a credit card payment in November and paid a late fee. increasedecreaseno effect
Martin used his credit card to buy a new bike. Which statement is true?
Which are considered good credit practices? Check all that apply.
Which should Mark do to increase his credit score?
Which would decrease your credit score? Check all that apply.
You make more than minimum payments before the due dates. ✔ increasedecreaseno effect
You missed a credit card payment in November and paid a late fee. increase✔ decreaseno effect
Did you find these answers helpful?