Question

Sam is recently divorced. He and his ex-wife share custody of their 8-year-old daughter. How can Sam ensure that his credit score is unaffected by this situation? (5 points)


By purchasing adult dependent's care credit


By declaring bankruptcy


By honoring child support responsibilities


By increasing health insurance coverage

Answer 1

Answer:

By honoring child support responsibilities

Explanation:

A credit score communicates a person's reliability in paying debts. The credit score ranges from 300 to 850. The higher the score, the better for an individual. Obtaining a high score requires one to be responsible in the use of credit facilities. One has to be disciplined and prompt in meeting their obligations. In other words, one has to have a good credit history.

Obligations include debts and court-imposed payments such as child support.  If Sam makes timely and full child support payments, his credit history will not reflect any misses payments. His credit score will not be affected in any way.

Answer 2

Answer:

c) by honoring child support responsibilities

Explanation:

just got this right