Setty77ldidn
Answered

Find answers to your questions faster and easier with IDNLearn.com. Discover prompt and accurate responses from our experts, ensuring you get the information you need quickly.

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


Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. Thanks for visiting IDNLearn.com. We’re dedicated to providing clear answers, so visit us again for more helpful information.