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)

Answer 1

Based on the information provided, it seems that Leena likely has no credit history. A positive credit history would likely involve Leena having a history of borrowing money or using credit responsibly and making timely payments. A negative credit history would involve Leena having a history of not repaying debts or defaulting on loans. Since Leena is still in high school and is just starting to think about getting a credit card, it is most likely that she has not yet had the opportunity to build up a credit history.