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Your credit report shows your credit history. Which phrase best describes "credit history"?

A. Your relationship with credit in the past, such as loan payments over time, late payments, and bankruptcies.
B. A list of personal references.
C. Copies of your bank statements.
D. A list of all of your prior employers and copies of job evaluations.

Sagot :

GinnyAnsweridn

Final answer:

Credit history is the record of your past credit interactions, impacting your creditworthiness and access to loans and credit cards.


Explanation:

Credit history refers to your relationship with credit in the past, such as loan payments over time, late payments, and bankruptcies. It is a record that lenders use to assess your creditworthiness and determine the risk of extending credit to you.

Having a positive credit history with timely payments can lead to a higher credit score, making it easier to obtain loans and credit cards. On the other hand, a negative credit history with missed payments or defaults can lead to a lower credit score and difficulty in accessing credit.


Learn more about Credit history here:

https://brainly.com/question/41151646


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