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

Question

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

anonymous · Answer

its  not A or D

austinl · Answer

Why do you think it isn't A?

anonymous · Answer

ive chosen it already and it says its wrong

austinl · Answer

Well.... If you have a short credit history, you haven't had time to build a credit score very high.

anonymous · Answer

ya I thought A would be correct but idk why not

anonymous · Answer

u think its A?

anonymous · Answer

Ken owes $6,451 on a credit card with an 18.6% interest rate compounded monthly. What is the monthly payment he should make in order to pay off this debt in 12 months, assuming he does not charge any more purchases with the card? 

 $112.24 

 $593.27 

 $1,377.78 

 $537.58