Question

question 3
5 pts
true or false: the three credit bureaus are equifax, creditco, and experian.
true
false
question 4
5 pts
which of the following can damage your credit history?
purchase a cell phone contract and pay it on time and in full every month.
make car payments and car insurance payments on time.
open a bank account.
open many credit card accounts.

Explanation:

Question 3

The three major credit bureaus are Equifax, Experian, and TransUnion, not CreditCo. So the statement is false.

• Paying a cell phone contract on time (first option) and car payments/insurance on time (second option) help build good credit.
• Opening a bank account (third option) doesn't directly impact credit history.
• Opening many credit card accounts (fourth option) can lower credit score due to increased credit inquiries and potential debt, damaging credit history.

Answer:

False

Question 4