Solved

What Is the Relationship Between Credit Cards and Your Credit

Question 12

Multiple Choice

What is the relationship between credit cards and your credit history?


A) There is no relationship, as long as you don't miss any payments.
B) The more credit cards you own, the better your credit history looks.
C) Using a credit card and making timely payments help you establish a credit history.
D) The higher the credit limit, the greater potential for borrowing in the future.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents