Always paying cash helps in establishing a high level of creditworthiness.

Name: Always paying cash helps in establishing a high level of creditworthiness.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

Paying cash does not involve credit, so it does not directly affect creditworthiness. In fact, not having a credit history can sometimes make it harder to obtain credit in the future. Building and maintaining good credit involves using credit responsibly and making payments on time.

Always Paying Cash Helps in Establishing a High Level of Creditworthiness