Question

Scenario 2: You’ve been eager to buy a new cell phone for months, and now you’re ready to make it happen. You use your credit card to purchase the phone and you set up automatic billing to pay the monthly expenses. At the end of each month, you pay the credit card bill in full. Does your Credit Score go up or down? Why Does it go up or down? If your score goes down, how can you fix it?

Answer 1

It goes up because you are paying your payments therefore building credit by showing you are trustworthy..