Question

dahlia is explaining to her sister why a positive credit history is important. which of the following should dahlia give as reasons for a positive credit history? check all that apply.
a good credit history portrays irresponsibility.
a good credit history results in lower interest rates.
a good credit history makes borrowing easier.
a good credit history results in higher interest rates.
a good credit history may result in denial of a rental application.

Explanation:

• Option A: A good credit history shows responsibility, not irresponsibility, so A is wrong.
• Option B: Lenders view those with good credit as low - risk, so they offer lower interest rates. So B is correct.
• Option C: Lenders are more willing to lend to those with good credit, so borrowing is easier. C is correct.
• Option D: Good credit leads to lower, not higher, interest rates. D is wrong.
• Option E: A good credit history is favorable for rental applications, it won't lead to denial. E is wrong.

Answer:

B. A good credit history results in lower interest rates.
C. A good credit history makes borrowing easier.