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The least important factor in maintaining a healthy credit score is the number of credit inquiries, particularly when they are soft inquiries, such as those made by consumers checking their own credit or by companies for promotional purposes. While hard inquiries can have a minor impact on your score, they typically only affect it temporarily and are outweighed by factors like payment history and credit utilization. Thus, infrequent credit inquiries are less crucial compared to consistently managing payments and debt levels.

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1mo ago

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Which action is LEAST important to maintaining a healthy credit score?

Make on-time payments


What are the recommended exercise limits for maintaining a healthy lifestyle?

The recommended exercise limits for maintaining a healthy lifestyle are at least 150 minutes of moderate-intensity aerobic activity or 75 minutes of vigorous-intensity aerobic activity per week, along with muscle-strengthening activities on two or more days a week.


Pay Your Bills On Time To Maintain Good Credit?

Maintaining good credit is a really important way to help lower your monthly bills, especially if you have credit card debt. Credit card debt can help or hurt your credit report, which in turn can reflect your interest rates. Obviously, you need to be making at least your minimum payments on time. The second important thing is to not max out all of your credit cards. You should only use your credit cards when it is an emergency. The best ways to manage credit card debt and to maintain a good credit score is to pay off your debt off entirely, and on time. However the most important thing to do is to always pay your credit card bills on time. Paying credit card bills late will not only increase your bill amount, but can negatively affect your credit score. Keep track of your monthly expenses and your income each month. Make sure you have enough money to pay all of your monthly bills before you spend money on extra expenses.


Can you re-fi your primary home after losing an investment property to forclosure?

Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure. Yes. You will need to have at least a 620 credit score, and it has to be at least 3 years after the forclosure.


Can you get a loan with a 616 credit score?

Most lenders require at least a 640 credit score for a mortgage.

Related Questions

Which action is LEAST important to maintaining a healthy credit score?

Make on-time payments


Does Texas report late child support to credit bureau?

Yes, in Texas late child support payments can be reported to credit bureaus if the amount due is at least $1,000 and is at least 90 days delinquent. This can impact the non-custodial parent's credit score. It's important to stay up to date on child support payments to avoid negative consequences.


Which instrument is the least important in terms of funds raised in the credit markets?

corporate


To long on to MAgic the gathering online it is important to have a credit card?

it's not so important having a credit card to play magic, you can have fun with at least 15 euro


Is it healthy to sleep in?

It is important to rest for at least eight hours and sleeping increases memory.


What body systems or components is LEAST important for supplying and maintaining adequate blood flow to the body?

You Mom's snatch.


Will collection agencies remove old bills from your credit if you pay them in full or just show them as paid?

Collection agencies don't manipulate your credit or remove accounts from your credit. The credit bureaus themselves are repsonsible for maintaining accurate reports, but because the credit is yours, you should check you reports at least once a year to ensure their accuracy.


What are the recommended exercise limits for maintaining a healthy lifestyle?

The recommended exercise limits for maintaining a healthy lifestyle are at least 150 minutes of moderate-intensity aerobic activity or 75 minutes of vigorous-intensity aerobic activity per week, along with muscle-strengthening activities on two or more days a week.


What it the least healthy meat?

Bacon and Fried chicken are the least healthy meat.


Pay Your Bills On Time To Maintain Good Credit?

Maintaining good credit is a really important way to help lower your monthly bills, especially if you have credit card debt. Credit card debt can help or hurt your credit report, which in turn can reflect your interest rates. Obviously, you need to be making at least your minimum payments on time. The second important thing is to not max out all of your credit cards. You should only use your credit cards when it is an emergency. The best ways to manage credit card debt and to maintain a good credit score is to pay off your debt off entirely, and on time. However the most important thing to do is to always pay your credit card bills on time. Paying credit card bills late will not only increase your bill amount, but can negatively affect your credit score. Keep track of your monthly expenses and your income each month. Make sure you have enough money to pay all of your monthly bills before you spend money on extra expenses.


Why is Shampoo healthy for hair?

Because washing your hair is very important. Make sure you do so at least every 2 days.


How do you eliminate credit?

First, stop buying on credit. Then, start with the credit source you owe the least on and get it paid off. When it is paid off, go to the second least and pay it off. Do this until all your credit is paid off.