The best way to maintain your credit standing is to:
A)use credit sparingly.
B)pay cash for your purchases.
C)repay your debts on time.
D)declare a Chapter 7 bankruptcy.
E)use as many credit cards as you can.

Question

Quizplus · Accepted Answer

Repaying your debts on time is crucial for maintaining a good credit standing as it demonstrates to lenders that you are a reliable borrower. This directly impacts your credit score positively.

The Best Way to Maintain Your Credit Standing Is To