Final answer:
Regular deposits into a savings account do not affect credit score, but they can indirectly contribute to improving creditworthiness over time.
Step-by-step explanation:
Making regular deposits into a savings account does not enhance one's credit score. Your credit score is determined by your credit history and how you manage credit. Regular deposits into a savings account may help you in terms of building savings, but they do not directly impact your credit score.
The factors that affect your credit score include your payment history, credit utilization, length of credit history, types of credit, and new credit. Saving money by regularly depositing into a savings account demonstrates good financial habits, which can indirectly contribute to improving your creditworthiness over time, but it does not directly affect your credit score.
To enhance your credit score, focus on paying your bills on time, keeping your credit card balances low, maintaining a diverse credit mix, and avoiding opening too many new credit accounts.
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