Georgia Assessments for the Certification of Educators GACE Practice Test

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A consumer's credit score is directly influenced by which of the following factors?

Debt repayment history
Employment history over the last five years
Income level
Marital status

The correct answer is: Debt repayment history

A consumer's credit score is primarily influenced by debt repayment history, which accounts for a significant portion of the calculation of the score. This factor reflects how reliably an individual has paid back borrowed funds on time, including credit cards, loans, and other forms of credit. A strong repayment history indicates to lenders that the consumer is responsible and likely to honor their financial commitments, thus positively impacting their credit score. While employment history, income level, and marital status can have indirect effects on a person's overall financial situation and, consequently, their ability to maintain good credit, they are not directly used to calculate the credit score itself. Therefore, focusing on debt repayment history provides a clear understanding of how consistent payment habits influence creditworthiness significantly.