By Andrew Housser
For most of the United States, August is the month when students and parents prepare to go back to school. With Aug. 17 designated as Get Smart About Credit Day, this month is a good time for learners of all ages to hone their credit and debt knowledge. This quiz can help you identify areas that are ripe for some homework.
What is the most important factor in your credit score?
A. How many credit cards you have
B.How many times you have moved
C. Whether or not you are married
D. Whether or not you pay bills on time
E. The total amount of your debt
Answer: d. Total debt and number of credit accounts do factor into credit scores. But the single biggest factor accounting for 35 percent of scores is whether you pay bills on t…
Read the full article at: http://www.wrex.com/story/36095738/back-to-school-means-getting-smart-about-credit-and-debt