Which best explains what a credit score represents?

A: A number showing how likely you are to have more than one credit card.

B: A numerical rating that expresses how likely you are to repay your debits.

C: A numerical rating that shows how much money you have in your bank account

D: A number expressing your yearly income.

Question

Business

Cannon Klein

23 January, 16:30

Which best explains what a credit score represents?

A: A number showing how likely you are to have more than one credit card.

B: A numerical rating that expresses how likely you are to repay your debits.

C: A numerical rating that shows how much money you have in your bank account

D: A number expressing your yearly income.

+1

Answers (1)

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Jazlynn Burke · Answer 1

A credit score can range from 350 to 850 and is a numerical rating that can show how good of a payer you are of credit. In order to increase your credit score, you must not miss payments on credit cards, important bills, and student loans. You must also have multiple accounts open which you keep low balances on and pay on time.