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Kareem recently learned that he has a good credit score and is planning to apply for a loan. What could negatively affect Kareem's credit score?
A
missing a payment
B. not providing a down payment
C. providing collateral
D.
tracking payments using an amortization table
E
using a cosigner

Respuesta :

Answer:

A: missing a payment

Explanation:

The thing which could negatively affect Kareem's credit score is missing a payment. Thus the correct answer is A.

What is A credit score?

A credit score generally refers to an assessment score that usually helps to determine whether the borrower is likable to allow for the loan or credit services or not.

This credit score helps to analyze the risk of providing credit to an individual and describes the credit worthiness of an individual.

A good credit score is made when the borrower made payment timely to avoid any clash and maintain a good impression. It allows the borrower to not exceed the limit and keep a check on Credit reports for improvement.

A credit score is evaluated by the lender to check teh credit history of the borrower to think about whether to provide credits or not.

Therefore, option A missing a payment is appropriate.

Learn more about Credit reports, here:

https://brainly.com/question/25668115

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