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You have one FICO score where the report must contain at least one account that updated in the past six months

A)True
B)False

1 Answer

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Final answer:

A FICO score does not require having at least one account that updated in the past six months, but recent and positive account updates can positively impact a person's credit score.

Step-by-step explanation:

False. A FICO score is a credit scoring model that evaluates an individual's creditworthiness. While it is important to have recent account updates for maintaining a good credit history, it is not a requirement for having a FICO score.

However, having recent and positive account updates can positively impact a person's credit score as it demonstrates responsible credit management.

User Giscard Biamby
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