Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

C. Length of Credit History (15%): Explanation: This measures the length of time your credit accounts have been open. A more extended credit history can

C. Length of Credit History (15%): Explanation: This measures the length of time your credit accounts have been open. A more extended credit history can positively impact your score. Details: It includes the age of your oldest account, your newest account, and the average age of all your accounts. A more extended history provides more data on your credit behavior

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Risk-Based Internal Audit

Authors: Jason Lee Mefford

1st Edition

1631922629, 9781631922626

More Books

Students also viewed these Accounting questions

Question

13. Give four examples of psychological Maginot lines.

Answered: 1 week ago