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:

A positive credit history signals financial responsibility to lenders, enabling easier loan approvals (C) and the offer of lower interest rates (B) since lenders perceive lower risk. The other options are incorrect: a good history shows responsibility (not irresponsibility, A), does not lead to higher rates (D), and does not cause rental application denials (E—poor credit may, but good credit does not).

Answer:

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