Answered

Which of the following MOST influences your credit score?


A


Types of Credit Used


B


Payment History


C


Length of Credit History


D


Amounts Owed

Verified Answer :

Kalahira

Paying off your bills (e.g. credit card bills) is just one way to improve your credit score. Since your credit worthiness depends on your credit scores, payment history plays an important impact to have a good credit score. Having a good credit score also pays an important impact on your ability to loan in banks. Good credit score reflects your ability to repay your debts. So, letter B is the best answer.

Related Questions