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.

Answer 1

Since Leena is a high school student and has never had a credit card before, it is most likely that she has no credit history. This lack of credit history may be why she is finding it difficult to get a credit card. It is important for Leena to start building her credit history by opening a credit card with a low limit or becoming an authorized user on a parent's credit card to establish her creditworthiness.