baileytasmith baileytasmith

22-07-2024
Business

Answered

Your credit report shows your credit history. Which phrase best describes "credit history"?

A. Your relationship with credit in the past, such as loan payments over time, late payments, and bankruptcies.
B. A list of personal references.
C. Copies of your bank statements.
D. A list of all of your prior employers and copies of job evaluations.

Answer :

GinnyAnswer GinnyAnswer

22-07-2024

Final answer:

Credit history is the record of your past credit interactions, impacting your creditworthiness and access to loans and credit cards.

Explanation:

Credit history refers to your relationship with credit in the past, such as loan payments over time, late payments, and bankruptcies. It is a record that lenders use to assess your creditworthiness and determine the risk of extending credit to you.

Having a positive credit history with timely payments can lead to a higher credit score, making it easier to obtain loans and credit cards. On the other hand, a negative credit history with missed payments or defaults can lead to a lower credit score and difficulty in accessing credit.

Learn more about Credit history here:

https://brainly.com/question/41151646

Answer Link

Other Questions

Which matrix multiplication is possible?A. [tex]\left[\begin{array}{ll}0 & 3\end{array}\right] \times \left[\begin{array}{ll}1 & -4\end{array}\right][/t

Which is not a common problem with digital written communication? A) Efficient for ambiguous situations B) Reduces politeness C) Communicates emotions poorly D)

Label A-F based on the table using [tex]$C$[/tex] for concentrated and [tex]$D$[/tex] for dilute.[tex]\[ \begin{aligned} A &= C \\ B &= \square \\ C &am

Use lagrange multipliers to find max and min values of f(x,y)=x²y+6y²-y, subject to the constraint x²+y²≤54.3333333333333.

Use the continuous compound interest formula to find the indicated value.[tex]\[ P = \$8,000 ; \quad r = 7.12\% ; \quad t = 2 \text{ years;} \quad A = \text{?}

Evidence and Punctuating Conjunctions

What are the slope and the [tex]y[/tex]-intercept of the linear function represented by the table?[tex]\[ \begin{tabular}{|c|c|} \hline $x$ & $y$ \\ \hline

Which of the following is an example of the associative property?A. [tex]2(5-3)=10-6[/tex]B. [tex]\frac{1}{3} \cdot 3=1[/tex]C. [tex]-7+(19+5)=(-7+19)+5[/tex]D.

When was the Governor's veto power changed to allow budget item reductions, in addition to eliminating items?A. 1922 B. 1933 C. 1960 D. 1998

Select the correct answer.What is the term for words from different languages that look similar and mean the same thing?A. connates B. cognates C. synonyms D