Question

a key factor influencing credit scores is: *
recent inquiries
monthly expenses
marital status
education level
all of the following are part of a credit report except: *
spending habits
loan repayment
credit limit utilization
current credit inquiries
a cosigner on a loan can help by: *
reducing monthly payments
extending the loan duration
boosting approval odds
offering collateral for the loan

Explanation:

• First Question: Credit scores are influenced by factors related to credit behavior. Recent inquiries (hard inquiries) can impact credit scores as they show a person is seeking new credit. Monthly expenses, marital status, and education level are not direct key factors in credit - scoring models.
• Second Question: A credit report includes details about loan repayment (payment history), credit limit utilization (amount of credit used vs available), and current credit inquiries. Spending habits are not typically part of a standard credit report.
• Third Question: A cosigner on a loan has their creditworthiness associated with the loan. This can boost the approval odds for the loan applicant as the lender has an additional credit - worthy party backing the loan. A cosigner does not reduce monthly payments (unless the loan terms are renegotiated in a way that is not typical due to cosigning alone), does not extend loan duration (loan duration is set by the lender and loan agreement), and does not offer collateral (collateral is an asset, a cosigner is a credit - worthy individual).

Answer:

1. Recent inquiries
2. Spending habits
3. Boosting approval odds