question 2 of 10\nwhat is a good strategy if you want to improve your credit score?\noverdrawing your bank…

question 2 of 10\nwhat is a good strategy if you want to improve your credit score?\noverdrawing your bank balance\nminimize new applications for credit\npay your credit card bills late once in a while\nincrease your account balance

question 2 of 10\nwhat is a good strategy if you want to improve your credit score?\noverdrawing your bank balance\nminimize new applications for credit\npay your credit card bills late once in a while\nincrease your account balance

Answer

Brief Explanations:

Overdrawing your bank balance shows financial irresponsibility and can harm credit. Paying credit card bills late negatively impacts credit. Increasing account balance (if it means high credit utilization) can lower credit score. Minimizing new credit applications reduces credit inquiries (which can slightly lower credit score if too many in a short time), so it's a good strategy.

Answer:

Minimize new applications for credit