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Mathematics 7 Online
OpenStudy (anonymous):

Which of the following scenarios will least negatively impact a credit score? consistently making late payments keeping a high balance on credit cards having a short credit history keeping only one type of credit

OpenStudy (jim766):

http://www.investopedia.com/articles/pf/10/credit-score-factors.asp this says that consistently making late payments is biggest neg factor

OpenStudy (anonymous):

what about LEAST negatively??

OpenStudy (jim766):

I think having just one credit card, the other ones are pretty bad

OpenStudy (anonymous):

Are you sure not the 3rd one??

OpenStudy (jim766):

they are most concerned about your ability to pay a short credit history is a flag for this only having 1 credit card, maintaining a balance and paying on time would affect you the least.

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