34
QuizMultiple Choice

Credit and Loans

Question 34 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

A credit score is based in part on

Answer
A
employment and race.
B
income and location.
C
employment and trust.
D
payment history and total debt.

Explanation

Credit scores are based partly on whether you pay bills on time and how much debt you owe. These factors are called payment history and amounts owed, so “payment history and total debt” is correct. Employment, race, income, and location are not the factors described here.

AI-written and checked against the verified answer.

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