Question

Is my choice correct ?

Debbie is curious about her credit score. Which of the following scenario will least negatively impact a credit score?

consistently making late payments

keeping a high balance on her credit cards

having a short credit history

keeping only one type of cred <--

Answer 1

Yes!
when Credit agencies like FICCO and equifax model all your financial data to assign a credit score, They consider all your liabilities and cards. So having one card makes you less risky and hence you get a higher score

Answer 2

ok thank you :D

Answer 3

np :) which course are you doing, This question looks a bit advance to me