question 7 / 10 which of the following statements is true? a. the longer you use credit responsibly, the…

question 7 / 10 which of the following statements is true? a. the longer you use credit responsibly, the higher your credit score will be. b. applying for several credit cards in one year can help increase your credit score. c. paying off your entire credit card balance can lower your credit score. d. people with low credit scores are usually low - risk borrowers.

question 7 / 10 which of the following statements is true? a. the longer you use credit responsibly, the higher your credit score will be. b. applying for several credit cards in one year can help increase your credit score. c. paying off your entire credit card balance can lower your credit score. d. people with low credit scores are usually low - risk borrowers.

Answer

Brief Explanations:

Responsible credit - use over time builds a good credit history, which positively impacts credit scores. Applying for multiple cards can lower scores due to hard - inquiries. Paying off balances improves scores, and low - credit - score individuals are high - risk borrowers.

Answer:

A. The longer you use credit responsibly, the higher your credit score will be.