American_Bankers_Association
CTFA · Question #249
Sound financial planning dictates that you need a good idea of how much credit you can comfortably tolerate. One can do some measures to build a strong credit history. Which of the below mentioned…
The correct answer is A. Fulfill all the terms of credit B. Be consistent in making payments promptly. See the full explanation below for the reasoning.
Fiduciary and Trust Activities
Question
Sound financial planning dictates that you need a good idea of how much credit you can comfortably tolerate. One can do some measures to build a strong credit history. Which of the below mentioned points can be out of those measure?
Options
- AFulfill all the terms of credit
- BBe consistent in making payments promptly
- CDo not consult creditors immediately
- DNone of these
How the community answered
(25 responses)- A76% (19)
- C8% (2)
- D16% (4)
Topics
#credit history#credit management#payment habits#creditworthiness
Community Discussion
No community discussion yet for this question.