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Question
a high credit score means that
○ your debt is too high and you shouldnt be trusted with more debt
○ you pay your bills on time and you represent less of a risk
○ youre married and have a two-income household
○ youre only late on a few of your payments each month
A high credit score is an indicator of good creditworthiness. Paying bills on time is a key factor in building a high credit score. Lenders view borrowers with high credit scores as less risky because they have a history of meeting their financial obligations. Being married or having a two - income household is not directly related to a credit score. Having too much debt (which would be indicated by a low credit score in the context of debt - to - income ratio) or being late on payments (even a few) would negatively impact a credit score.
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you pay your bills on time and you represent less of a risk