Part 1: Angela just started college, and has been provided with a number of credit card offers. She applies for and is granted two credit cards. However, Angela doesn't realize what is necessary for responsible credit management. She starts out with a credit score of 750. See what happens to her score when she mismanages her credit. Determine the best matching reason from section 4 of the reading for why each of her actions decrease her credit score. Note: Some reasons may be used more than once, others may not be used at all.

Angela decides she needs to earn more money to pay off her credit cards, but needs to drive to get to her new job. She takes out a loan to buy a car. Her score decreases by 20 points. Which of the following factors caused this decrease?

Group of answer choices

Payment History

Length of Credit History

Other Factors such as having a mix of credit types

New Credit

How Much You Owe