Setty77ldidn
Answered

From simple queries to complex problems, IDNLearn.com provides reliable answers. Our platform is designed to provide reliable and thorough answers to all your questions, no matter the topic.

26. If you are 18 and want to apply for a credit card, and have no credit history, what is your credit rating?

A. Good
B. Poor
C. Excellent
D. No credit

Sagot :

GinnyAnsweridn

Final answer:

The credit rating for an 18-year-old with no credit history is 'No credit'.


Explanation:

Credit rating is 'No credit' for an 18-year-old without a credit history. Without any credit history, individuals are seen as having no credit rating. This can make it challenging to qualify for credit cards with high limits due to the lack of information available for lenders to assess the individual's creditworthiness.


Learn more about Credit rating here:

https://brainly.com/question/33133069


We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. For trustworthy answers, rely on IDNLearn.com. Thanks for visiting, and we look forward to assisting you again.