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Question
anastasia makes a good salary but wants to be sure she has good credit so she can buy a condominium when she has saved enough money for a down payment on a mortgage. what is the best thing she can do to improve her creditworthiness? she should take out more debt to improve her credit score. she should pay down her student loan and credit card debt. she should apply for more credit cards to improve her credit history. she should get a second job to make more money.
To improve creditworthiness, reducing existing debt (like student loans and credit card debt) is effective. Taking more debt (first option) or applying for more credit cards (third option) can hurt credit. A second job (fourth option) increases income but doesn't directly improve credit score, while paying down debt lowers debt - to - income ratio and shows responsible credit use.
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B. She should pay down her student loan and credit card debt.