The length of time you've held various credit accounts makes an impact on your individual Fair, Isaac and Company (FICO) score.

Answer the following statement true (T) or false (F)


True

One of the most important determinants of the amount of credit you can obtain is your credit score, which is a numerical indicator of your creditworthiness. Your individual FICO score is based on several factors, including your payment history, the amount you owe, the type of credit used, and the length of time you've held various credit accounts. See A-3: Your Credit: Handle with Care!

History

You might also like to view...

Which of the following is a feature of both Nazism and fascism?

A) parliamentary process B) communist revolution C) centralized state D) trade unionism

History

The failure of the South to industrialize in the nineteenth century is best explained by __________

A) northern opposition B) a shortage of labor C) culture and tradition D) Southerners choosing to depend on "King Cotton"

History

President Ronald Reagan's economic program, also known as Reaganomics, can be best summarized by which of the following statements?

(A) United States capitalism must be directed to focus on building effective social programs, increasing taxes on big business, and cutting taxes on lower-income households. (B) The United States must increase government intervention in business regulation and economic planning. (C) The United States capitalist system, if freed from heavy taxes and government regulations, would achieve greatly increased productivity. (D) The United States should significantly increase government investment in social welfare and public school programs. (E) The United States should decrease military spending in order to fund domestic programs.

History

The capital of the Muslim world moved from Mecca in Saudi Arabia to Damascus in Syria and then to ________ in Iraq

Fill in the blank(s) with the appropriate word(s).

History