Which behaviors might lead someone to have a low credit score? A)Missing a car payment. B)Having a long credit history. C)Always pay the full balance of a credit card each month. D)Having a debit card.
Business · High School · Thu Feb 04 2021
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A) Missing a car payment. Late payments or defaults on financial obligations can significantly harm a person's credit score. Credit scores are used by lenders to gauge the risk involved in lending money or offering credit. When payments are missed, it signals to creditors that the borrower may not be reliable in repaying debts, which can lead to a lower credit score.