Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Look at the option below: From this list, what would drop a credit score the most? If could drop a score 20 to 100 points.

Look at the option below: From this list, what would drop a credit score the most? If could drop a score 20 to 100 points.

  1. Option F will drop a score the most, however, Option A can drop a score drastically too
  2. Delinquent Accounts over two years old
  3. Having wrong personal account information in a credit report
  4. Too many inquires
  5. Having many Collections Accounts
  6. Having numerous of credit cards accounts with high balance

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

International Finance Theory And Policy

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J Melitz,

11th Edition

013451954X, 9780134519548

More Books

Students also viewed these Finance questions