Question

what steps can an individual take to improve a credit score? check all that apply. make all loan payments on time check credit reports for accuracy avoid opening credit accounts that are not needed apply for several new credit cards use all available credit keep balances low

Explanation:

• Making loan payments on time is crucial as payment history is a major factor in credit scores.
• Checking credit reports for accuracy helps correct errors that could lower the score.
• Avoiding unnecessary credit accounts prevents overextending credit and hard inquiries that can hurt the score.
• Applying for several new credit cards leads to multiple hard inquiries and can lower the score.
• Using all available credit increases credit utilization, which negatively impacts the score.
• Keeping balances low reduces credit utilization, improving the score.

Answer:

• make all loan payments on time
• check credit reports for accuracy
• avoid opening credit accounts that are not needed
• keep balances low