select the correct answer. dylan has a good credit score and is planning to apply for a loan. what could…

select the correct answer. dylan has a good credit score and is planning to apply for a loan. what could negatively affect dylans credit score? a. missing a loan payment b. not making a down payment c. providing collateral d. using a cosigner

select the correct answer. dylan has a good credit score and is planning to apply for a loan. what could negatively affect dylans credit score? a. missing a loan payment b. not making a down payment c. providing collateral d. using a cosigner

Answer

Brief Explanations:

Payment history is a major factor in credit - scoring models. Missing a loan payment is a negative payment event that can lower a credit score. Not making a down - payment, providing collateral, and using a cosigner do not directly impact the credit score negatively.

Answer:

A. missing a loan payment