Answered

What are some reasons someone may have a thin credit file? (SELECT ALL THA
APPLY)
They have never had credit.
They are reestablishing credit.
Their credit file is split.
They are new to credit.
The credit bureaus think they are deceased.



Answer :

GinnyAnswer

Final answer:

Thin credit file reasons: no credit history, credit rebuilding with secured card, new to credit.


Explanation:

Reasons someone may have a thin credit file:

  • They have never had credit: Lack of credit history.
  • They are reestablishing credit: Had a bad financial period and are rebuilding credit with a secured card.
  • They are new to credit: Just starting to use credit.

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