Question

What is one factor that influences your credit score?

Answer 1

Answer:

D. A loan default

Explanation:

you can almost think of your credit score as an actual score--one that's based on how much you can be trusted.

If I've always paid my expenses on time, and in full, a bank is probably going to trust me a lot.

And that's exactly what credit score is--a prediction of how likely you are to pay a loan on time. Some companies even call it your "creditworthiness"

So, a major influential factor of your credit score is your banking history

and a loan default would logically impact your credit score greatly

(note: a loan default is essentially when a borrower doesn't pay back the debt)

So, A loan default is one factor that influences your credit score.

hope this helps!! have a lovely day :)

Answer 2

Answer:

D. A loan default

Explanation:

Because that's your credit history