Amanda has no credit history. She asks her friend Tricia for advice on how to establish credit history. What is the BEST advice Tricia can give to Amanda?
a) Apply for a home mortgage.
b) Open a bank line of credit.
c) Apply for a gasoline credit card.
d) Actively use a debit card.

Question

13-05-2021
Business

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Amanda has no credit history. She asks her friend Tricia for advice on how to establish credit history. What is the BEST advice Tricia can give to Amanda?
a) Apply for a home mortgage.
b) Open a bank line of credit.
c) Apply for a gasoline credit card.
d) Actively use a debit card.

Respuesta :

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Tundexi Tundexi · Answer 1 · 2022-01-11T10:44:30+01:00

The advice i will give to Amanda is to apply for a gasoline credit card because it will automatically create a credit history for her.

What is Credit history?

A Credit history means the overall transaction done relating to use of one's credit card.

Having or obtaining any credit card helps to build a credit base if one do not have a credit history.

Hence, the best advice i will give to Amanda is to apply for a gasoline credit card because it will automatically create a credit history for her.

Therefore, the Option C is correct.

Amanda has no credit history. She asks her friend Tricia for advice on how to establish credit history. What is the BEST advice Tricia can give to Amanda? a) Apply for a home mortgage. b) Open a bank line of credit. c) Apply for a gasoline credit card. d) Actively use a debit card.

Respuesta :

What is Credit history?

Otras preguntas

Amanda has no credit history. She asks her friend Tricia for advice on how to establish credit history. What is the BEST advice Tricia can give to Amanda?
a) Apply for a home mortgage.
b) Open a bank line of credit.
c) Apply for a gasoline credit card.
d) Actively use a debit card.