Question

Which of the following scenarios will most negatively impact a credit score?

keeping only one type of credit

applying for many different credit cards

keeping a high balance on credit cards

having a short credit history

Answer 1

I think what Debbie needs to do is to increase her exposure by keeping a high balance on her credit cards and any other credit facilities that she currently has and then making prompt payments. A friend of mine used the same strategy to go from Silver cards all the way to Master Black.

Answer 2

C is correct !