Question & Answer

A way to build good credit is

A way to build good credit is
using only secured loans.
taking out many lines of credit.
paying bills when they are due.
using only credit cards.

1 Answer

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Quizzma TeamFebruary 23, 2025

The correct answer is “paying bills when they are due.”

Explanation: Paying bills on time demonstrates responsible financial behavior, which is crucial for building a good credit history. Timely payments are reported to credit bureaus and can positively influence your credit score, while late payments can have the opposite effect.