Answered

Which of the following is a characteristic of good credit?


AMaking late payments
BGoing over the credit limit
CMissing payments
DMaking at least the minimum payment required

Verified Answer :

Final answer:

The characteristic of good credit is specifically making at least the minimum payment required. This practice reflects responsible financial behavior and helps maintain a strong credit score. In contrast, missing or making late payments damages your credit rating.


Explanation:

Understanding Good Credit

Good credit is essential for obtaining loans, credit cards, and even housing. One of the main characteristics of good credit is making at least the minimum payment required. Here’s why clear behavior related to credit payments matters:

  • Late payments or missing payments, as indicated in options Oa, Ob, and Oc, all negatively affect your credit score.
  • Maintaining good credit is often reflected in making timely or at least minimum payments.

It shows lenders that you are responsible with your debt, which can qualify you for better interest rates and financial opportunities in the future.


Learn more about credit here:

https://brainly.com/question/51757050


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