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Multiple credit applications in a short period of time can affect your _____.A.credit cardB.credit scoreC.loan default rateD.debt-to-credit ratio

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Solution 1

Break Down the Problem

  1. Identify the terms related to credit applications and their potential impacts.
  2. Determine which option directly relates to the effects of applying for multiple credit lines in a short timeframe.

Relevant Concepts

  • Credit Score: A numerical representation of Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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