Why do you think payment history and amount owed are the most important factors in calculating a credit score? 2. Why do you think lenders might increase your credit score if youve been using credit responsibly for a longer time? 3. Why do you think opening and closing accounts frequently is a sign that someone might not be responsible with their credit

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Show drafts Heres a breakdown of why payment history and amount owed are the most important factors in calculating a credit score along with the ratio... View the full answer