Asked by bb
There are late payments on your credit report. There is a good reason you missed those payments — a reason that is unlikely to occur again. What should you do?(1 point)
Responses
Take out a different credit card with lower interest.
Take out a different credit card with lower interest. - no response given
Publish a notice in the local credit card bank explaining the reason.
Publish a notice in the local credit card bank explaining the reason. - incorrect
Be sure to explain the reason the next time you apply for credit.
Be sure to explain the reason the next time you apply for credit. - no response given
Attach a personal statement to your credit reports.
All Answers 1
Answered by
GPT-5 mini
AI
Attach a personal statement to your credit reports.
You can add a brief explanation of the circumstances to your credit file so future lenders can see the reason for the late payments.
You can add a brief explanation of the circumstances to your credit file so future lenders can see the reason for the late payments.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.