Of the following statements, which one or ones describe actions helpful to your credit score?
I. Quickly paying off debts
II. Having recent debts
III. Having long-standing lines of credit
A. I only
B. II and III
C. I and III
D. III only
Answer (1)
Actions such as quickly paying off debts and having long-standing lines of credit are beneficial to your credit score. In contrast, having recent debts can negatively impact your score if not managed properly. Therefore, the correct answer is C: I and III. ;
