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Which of the following statements is TRUE? A. The longer you use credit responsibly, the higher your credit score will be. B. People with low credit scores are usually low-risk borrowers. C. Paying off your entire credit card balance can lower your credit score. D. Applying for several credit cards in one year can increase your credit score.​

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jemalbedilu

Answer:

Aaaaaaaaaaa

it's the answer for this question because

arshikhan8123

Option A is true.

Does your credit score go up the more you use it?

The financial world calls this credit utilization. Every step over that 30% utilization mark has a negative impact on your score. That is true even if you make your required payments each month.

What happens to your credit score if you use a high of your credit limit?

You might even see your credit score drop due to the increased balance on your card. If you make too many over-limit charges, your credit card issuer could close your credit account. Here are the most common consequences associated with spending over your credit limit: Your credit card could be declined.

Learn more about credit scores here https://brainly.com/question/23024185

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