Elliot owes $215,000 on his house and has three credit cards. He has not missed a payment in 10 years. Determine whether this is a positive credit history, negative credit history, or no credit history.(1 point)

Responses

no credit history
no credit history

positive credit history
positive credit history

negative credit history
negative credit history

need more information

1 answer

Based on the information provided, Elliot has not missed a payment in 10 years and has a significant obligation (his mortgage and credit cards), which generally indicates responsible credit management. Therefore, this would be classified as a positive credit history.

The correct response is: positive credit history.