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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

Respuesta :

The statements 'a good credit history results in lower interest rates' and 'a good credit history makes borrowing easier' are reasons for a positive credit history. Both reasons are fundamental for obtaining credit.

What is a credit history?

The credit story is the record that a person has to obtain funds in financial and/or bank institutions.

Credit history also refers to the history of payments that a borrower has on his/her debts in the past.

Positive credit history is fundamental to obtaining credit in a bank because it makes borrowing easier for the fund institution.

Learn more about credit history here:

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