QuestionJuly 16, 2025

9. A borrower has a credit score of 648 and knows the following four scenarios can have a negative or a positive impact: I. Paying bills on late II. Long credit history III. Contacting a debt relief agency IV. Applying for many different credit cards Which scenario(s) will positively impact a credit score? a. II b. II,III C. 111 d. II, IV

9. A borrower has a credit score of 648 and knows the following four scenarios can have a negative or a positive impact: I. Paying bills on late II. Long credit history III. Contacting a debt relief agency IV. Applying for many different credit cards Which scenario(s) will positively impact a credit score? a. II b. II,III C. 111 d. II, IV
9. A borrower has a credit score of 648 and knows the following four
scenarios can have a negative or a positive impact:
I. Paying bills on late
II. Long credit history
III. Contacting a debt relief agency
IV. Applying for many different credit cards
Which scenario(s) will positively impact a credit score?
a. II
b. II,III
C. 111
d. II, IV

Solution
4.0(240 votes)

Answer

a. II Explanation 1. Identify Positive Impact Scenarios Long credit history (II) generally has a positive impact on credit scores as it shows reliability over time. Applying for many different credit cards (IV) can negatively impact the score due to hard inquiries and perceived risk.

Explanation

1. Identify Positive Impact Scenarios<br /> Long credit history (II) generally has a positive impact on credit scores as it shows reliability over time. Applying for many different credit cards (IV) can negatively impact the score due to hard inquiries and perceived risk.
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