mark wants to buy a new computer and apply for a new credit card to pay for it. he checked his credit report…

mark wants to buy a new computer and apply for a new credit card to pay for it. he checked his credit report and credit score. his credit score is 620. it is fair, but mark wants a lower interest rate and a higher limit. so he wants to improve his score. which should mark do to increase his credit score? pay off his personal loan for his entertainment system. skip a car payment. apply for as many credit cards as he can. make lower monthly payments on his current credit card bill.

mark wants to buy a new computer and apply for a new credit card to pay for it. he checked his credit report and credit score. his credit score is 620. it is fair, but mark wants a lower interest rate and a higher limit. so he wants to improve his score. which should mark do to increase his credit score? pay off his personal loan for his entertainment system. skip a car payment. apply for as many credit cards as he can. make lower monthly payments on his current credit card bill.

Answer

Brief Explanations:

Paying off debts, especially loans, positively impacts credit scores. Skipping payments, applying for many cards, and making lower - than - required payments are negative actions for credit scores.

Answer:

Pay off his personal loan for his entertainment system.