ECONOMICS
CREDIT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Make payments on time
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Reduce overall debt
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Limit your applications
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All of the above
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Detailed explanation-1: -Build Your Credit File. Don’t Miss Payments. Catch Up On Past-Due Accounts. Pay Down Revolving Account Balances. Limit How Often You Apply for New Accounts. Additional Topics on Improving Your Credit.
Detailed explanation-2: -When you take a loan, repay it successfully, it will give your credit score a boost. Maintain a healthy credit mix: It is better to have a right combination of secured loans (such as Home Loan, Auto Loan) and unsecured loans (such as Personal Loan, Credit Cards) of a long and short tenor to build a good credit score.
Detailed explanation-3: -Joining and completing one VS AI battle will give you +1 Credit Score, no matter if you win or lose. Frankly, the quickest way to increase your MLBB Credit Score is to just play successive VS AI games in Simple Mode, which takes around 10 to 15 minutes per game.
Detailed explanation-4: -Learn the legal steps you must take to improve your credit report. Beware of credit-repair scams. Get copies of your credit report-then make sure the information is correct. Pay your bills on time. Understand how your credit score is determined. More items