Which of the following is not a factor in determining a FICO score?

Question image

Understand the Problem

The question is asking which of the provided options does not influence the determination of a FICO score, which is important for understanding credit scoring.

Answer

Paying cash for all purchases.

The final answer is paying cash for all purchases.

Answer for screen readers

The final answer is paying cash for all purchases.

More Information

Paying cash for purchases is not recorded on your credit report and therefore does not impact your FICO score.

Tips

A common mistake is assuming that any financial activity impacts your credit score. Only activities recorded on your credit report are considered.

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