Question

What will happen to your credit score if you do not
manage your debt wisely?

A) Your credit score will go down

B) It will not affect your credit score

C) Your credit score will go up
D) You won't be able to track your credit score

Answer 1

The answer is A (your credit score will go down)

Answer 2

The correct answer is option A) Your credit score will go down.

Will my credit score go up if I don't use it?

Not using your credit card doesn't hurt your score. However, your issuer may eventually close the account due to inactivity, and that could affect your score by lowering your overall available credit.

Does your credit score go down if you don't spend money?

Even those of us with smart money habits – paying off a loan or spending less – can still see our credit scores drop occasionally. Just remember that if it's a small drop and not due to something like consistent, late payments, your score will typically bounce back.

Learn more about credit scores here: brainly.com/question/13375913

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