Sample response: Yes, Ahmed has a very good credit score. A credit score is a numerical rating that shows how good one’s credit is. It ranges from 300 to 850. Lenders will use his credit score to determine how likely it is that he will pay back the loan. With a score of 750, they will be confident that he will pay the money back. Check all that you included in your response.Yes, a score of 750 is a good credit score, so Ahmed should qualify for a car loan.Lenders use credit scores to determine h
You opened three new credit card accounts in a month. increasedecreaseno effect
Your employer gave you a raise, so your income increased. increasedecreaseno effect
The balance on your credit card is close to the credit limit. increasedecreaseno effect
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