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In Determining Your Credit Score,the Length of Your Credit History

question 36

True/False

In determining your credit score,the length of your credit history is not nearly as important as the types of credit you use.


Definitions:

Counteroffer

An offer made in response to another offer, differing in terms by which the original offer was changed or rejected.

Accept the Offer

The act of agreeing to the terms and conditions of a proposal, such as a contract, thereby creating a binding agreement between the parties involved.

Revoked

To officially cancel or annul an authorization, license, or legal agreement.

Unequivocal

Leaving no doubt; unambiguous or clear in expression or meaning.

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