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Explain how would the following behaviors affect FICO score: A. Open a new retail account whenever there is a small incentive such as free t-shirt
Explain how would the following behaviors affect FICO score:
A. Open a new retail account whenever there is a small incentive such as free t-shirt
B. Maximize credit account limit in each billing cycle
C. Keep large account balances and moving them around different credit cards.
D. Using credit card instead of car loan to buy used cars.
E. Often forget to make credit card payments and ignore collection phone calls.
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