Question

Anastasia makes a good salary but wants to be sure she has good credit so she can buy a condominium when she has saved enough money for a down payment on a mortgage. What is the best thing she can do to improve her creditworthiness?

She should take out more debt to improve her credit score.
She should pay down her student loan and credit card debt.
She should apply for more credit cards to improve her credit history.
She should get a second job to make more money.

Answer 1

B would be the correct option in this case.

Answer 2

The answer is "She should pay down her student loan and credit card debt".

Student loans and credit cards are two of the most broadly held kinds of debt — and two of the most hard to reimburse. Concentrating on one obligation at any given moment is the best method to satisfy numerous obligations. Utilizing this system, you'll make enormous, singular amount installments to only one explicit obligation and least installments on all the others. Making sense of whether to pay off student loans or credit cards initially can be extreme.