Question

Of the following, which statement or statements accurately represent possible effects of a long-term credit purchase on your credit score? I. Showing a willingness to pay high interest rates increases your score. II. Making only minimum payments for an extended time can hurt your score. III. Regularly paying off a credit balance can boost your score. A. I and III b. II only c. II and III d. I, II, and III Please select the best answer from the choices provided A B C D.

Answer 1

Answer:

Option C II and III  is the right choice.

Step-by-step explanation:

The statement or statements that accurately represent possible effects of a long-term credit purchase on your credit score are :

II. Making only minimum payments for an extended time can hurt your score. (prolonged debt accumulation can lower credit scores)

III. Regularly paying off a credit balance can boost your score

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Answer 2

Answer:

option c

Step-by-step explanation:

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