Components
Does making late payments raise or lower your credit score?
It lowers it.
No.
Should you get your own credit card or become authorized under your parents' credit card?
Both.
Should you consider taking a personal loan to pay off credit debt?
Yes
Is your credit score based off of long term or short term credit history?
Long term.
Does paying early help your credit score?
No
Should you consider secured credit cards?
Yes.
Should you tackle the smaller balances first or the larger balances first?
Smaller
What is one of the components of a credit score?
Payment History, Length of Credit History, New Credit, Types of Credit Used, Amounts Owed.
Do all payments on time help your credit score? Why?
No it doesn't because not all utility bills are reported to credit bureaus.
Should you consign somebody else's credit card?
No.
Should you consider a balanced transfer credit card?
Yes.