Question

Since Rhonda always pays her bills on time, she has a high credit score. This history of responsible payments will...

A. help her if she wants to get a loan for a new car
B. hurt her chances of getting a loan for a large purchase
C. likely cause her future loan interest rates to be higher
D. likely result in a poor rating from the credit bureaus,

Answer 1

A. it will help Rhonda to get approved for a loan. on time payments show a financial responsibility to a lender and increase their trustworthiness of the individual.