Move: Up and Down with Credit Scores

What Happens to Your Credit Score IF: You pay all credit bills on time for one month?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Max out your credit card to pay for spring break?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Apply for 4 additional credit cards in a short amount of time because your one existing card is maxed out?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Receive large tax refund and deposit it all to savings account?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Use tax refund to pay down maxed out credit card?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Graduate college, move from part-time to full-time work, resulting in huge salary increase?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Make on-time student loan payments, while also making credit card minimum payments, for entire year?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Take out your first auto loan for $10,000?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Receive a raise at work and use debt snowball to pay off entire credit card balance in 5 months?

• Increases

• No Change

• Decreases

What Happens to Your Credit Score IF: Now that credit card debt is gone, you divert the money that WAS going to your credit card to your auto loan instead, paying far more than the bill each month?

• Increases

• No Change

• Decreases