question 4 / 10 what factor has the biggest impact on a credit score? a. the number of years that you have…

question 4 / 10 what factor has the biggest impact on a credit score? a. the number of years that you have used credit responsibly. b. the amount of money you owe on your credit cards. c. your history of making payments on time. d. having a variety of types of credit.

question 4 / 10 what factor has the biggest impact on a credit score? a. the number of years that you have used credit responsibly. b. the amount of money you owe on your credit cards. c. your history of making payments on time. d. having a variety of types of credit.

Answer

Brief Explanations:

Payment history is a crucial component in credit - scoring models. It reflects a borrower's reliability in repaying debts. Late payments can significantly lower a credit score, while consistent on - time payments build a positive credit history. Among the factors listed, it has the most substantial impact on credit scores.

Answer:

C. Your history of making payments on time.