Which Event Can Have a Positive Effect on Your Credit

question 76

Multiple Choice

Which event can have a positive effect on your credit report?

• A) Declared bankruptcy.
• B) Taking out a student loan.
• C) Losing a home to foreclosure.
• D) Both declared bankruptcy and losing a home to foreclosure.

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Definitions:

Independent

The state of being self-reliant and not dependent on others for support, sustenance, or decision making.

Emotional Expressions

The outward display of feelings such as happiness, anger, or sadness, through facial expressions, body language, or vocal tones.

Anger

A strong feeling of annoyance, displeasure, or hostility towards someone or something, often a response to perceived wrong or injustice.

Sadness

An emotional state characterized by feelings of disappointment, grief, or hopelessness.