the chart shows the factors that affect your credit score and the weight of each factor. which fact is…

the chart shows the factors that affect your credit score and the weight of each factor. which fact is likely to have a greater effect on christines credit score? christine has only 1 type of credit account. christine is often late with her mortgage payments.

the chart shows the factors that affect your credit score and the weight of each factor. which fact is likely to have a greater effect on christines credit score? christine has only 1 type of credit account. christine is often late with her mortgage payments.

Answer

Explanation:

Step1: Identify weights from chart

Types of credit has a 10% weight. Payment history (not shown in full chart but late - payments fall under it) is a major factor in credit scores. Typically, payment history has a large weight, often around 35% in common credit - scoring models.

Step2: Compare impacts

Having only 1 type of credit (10% weight factor) has less impact than being often late with mortgage payments (a factor likely with a much higher weight, around 35% in general credit - scoring).

Answer:

Christine is often late with her mortgage payments.