Accounting Fundamentals Certification (AFC) Practice Test 2025 – The Comprehensive All-in-One Guide to Exam Success!

The number of new credit cards recently opened significantly affects a person's credit score because it plays a crucial role in determining credit utilization and the overall creditworthiness of an individual. When someone applies for and opens new credit cards, it typically results in a hard inquiry on their credit report, which can temporarily lower their credit score. Moreover, having a higher number of new accounts can signal to lenders that a person may be taking on more debt than they can manage, potentially posing a greater risk.

Additionally, the average age of a person's credit accounts is another factor that is influenced by newly opened credit cards; a lower average age can negatively impact the credit score since longer credit histories generally demonstrate more reliability. Thus, the management of new credit card accounts is a vital aspect of maintaining a healthy credit profile. Other options do not have the same direct and notable impact on credit scores as the number of new credit cards opened.