Question

1 what is the positive impact of credit?
(a) Increase in tax collection of government
(b) continuation of business
(c) people fall in debt map trap
(d) Increase in profit lenders​

Answer 1

Answer:

Building Credit History

Explanation:

The higher your score and the greater your demonstrated ability to make payments on time, the better your chance of gaining loan approval at a lower interest rate. This could save you hundreds or even thousands of dollars in interest payments over the course of the loan.

Answer 2

Answer:

maybe a) or d) hope it helps.