Which of the following will have a negative effect on a credit history?
A)Taking out a car loan with a ten year maturity
B)Making as many purchases as possible with cash
C)Never exceeding your credit limit on your credit card
D)All these options would have a positive effect on credit history.

Question

Quizplus · Accepted Answer

Making as many purchases as possible with cash will not establish a credit history or show responsible use of credit, which can have a negative effect on a credit history.

Which of the Following Will Have a Negative Effect on a Credit