Answered

One way to maintain good credit is to:

A. make numerous applications for credit.
B. lower your balances.
C. open many credit accounts.
D. keep a high debt-to-credit ratio.



Answer :

GinnyAnswer

Final answer:

Maintaining good credit involves lowering balances, keeping a low debt-to-credit ratio, and avoiding opening multiple credit accounts quickly.


Explanation:

Lowering your balances is a way to maintain good credit as it shows responsible use of credit. Keeping a low debt-to-credit ratio is also key to maintaining good credit. Avoid opening too many credit accounts rapidly to reduce the risk associated with a short credit history.


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