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What can a person do to help increase their credit score? A.Charge all monthly expenses to the same credit card. B.Use only a small percentage of your credit limit. C.Research student loan terms online. D.Open a savings account at a bank.

Jessie Thompson

in Business

1 answer

1 answer

Samantha Barber on July 3, 2018

To help a person to increase your credit score which you want to use only a small percentage of your credit limit. If the person charges all on the card and is maximized at the end of the month, which did not really help with credit card at all. In a credit report, that show the use of the credit of each person. When shown to a person with only a small amount of credit left on the card, which really will hurt them in the long term. If you run your credit card bill, always try to pay in full at the end of the month instead of making only the minimum payment. Lenders want to see that a person does not get a credit card, and then it is maximized, and no credit left on the card. The correct answer is B.

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