Question

Ralph's loan application was rejected because he has a low FICO score. What could he do to increase his score?

A. apply for credit less frequently
B. increase his credit card balances
C. hold payment on his bill

Answer 1

"Apply for credit less frequently" would be the way among the choices given in the question that he could increase his score. FICO is actually a type of credit rating. The correct option among all the options that are given in the question is the first option or option "A". I hope the answer has helped you.

Answer 2

Ralph's loan application was rejected because he has a low FICO score. What could he do to increase his score?

Answer: A. Apply for credit less frequently.

Ralph should stop applying for loan applications as frequently as he has been so that his credit score isn't receiving hits each time his credit his ran. If Ralph stops having his credit ran so frequently and makes sure to pay his bills on time, he has a much better chance of raising his FICO credit score and being approved more often in the future.