Question

Leena is a senior in high school. She babysits regularly and deposits her earnings into a checking account. She wants to get a credit card before leaving for college, but she is finding it difficult to get one. Determine whether Leena has a positive credit history, a negative credit history, or no credit history. Explain your answer.(2 points)

Math Short Answer Rubric (2 points)
Points Awarded Criteria
2
The answer is correct. The student made no errors while solving.

The answer shows that the student used problem-solving skills and reasoning.

All work is shown or explained.

1
The answer is partially correct. The student made errors while solving.

The answer shows little problem-solving skills or reasoning.

Some work is shown or explained.

0 The question is not answered.
make simple

Answer 1

Leena likely has no credit history. Since she is a high school senior and primarily earns money through babysitting and deposits it into a checking account, she may not have applied for or used any credit products, such as loans or credit cards, before. Without any credit accounts or borrowing history, credit card companies have no information to assess her creditworthiness, which is why she might be finding it difficult to get a credit card.