The Length of Time You've Held Various Credit Accounts Makes

question 68

True/False

The length of time you've held various credit accounts makes an impact on your individual Fair, Isaac and Company (FICO) score.

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Definitions:

Imprinting

A form of rapid learning occurring at a particular life stage that establishes a long-lasting behavioral response to a specific individual or object.

Creolization

The process of blending cultural traits, typically in the context of language formation among people who come into contact.

Physical Development

The progression of bodily growth and motor skills in humans and animals, which can include changes in size, shape, and capability.

Twins

Two offspring produced by the same pregnancy, which can be either identical (monozygotic) or fraternal (dizygotic).