Answered

Of the following, which statement or statements accurately represent possible effects of a long-term credit purchase on your credit score?






I. Showing a willingness to pay high interest rates increases your score.



II. Making only minimum payments for an extended time can hurt your score.



III. Regularly paying off a credit balance can boost your score.




A

I and III


B

II only


C

II and III


D

I, II, and III

Verified Answer :

373001607

Answer:

C.) II & III on E2020

Answer:

Option C II and III  is the right choice.

Step-by-step explanation:

The statement or statements that accurately represent possible effects of a long-term credit purchase on your credit score are :

II. Making only minimum payments for an extended time can hurt your score.
(prolonged debt accumulation can lower credit scores)

III. Regularly paying off a credit balance can boost your score.


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