Question

Eric wants to purchase a new car. Why is important to Eric to establish a positive credit history?

A. A positive credit history will earn him a higher monthly interest rate on his loan.
B. A positive credit history will affect his ability to get a loan to buy his car.
C. A positive credit history will allow him to skip payments anytime he wants.
D. A positive credit history will allow him to pay only the interest and not the principal on his loan.


Asap plz

Answer 1

Answer:

Option B is correct

Step-by-step explanation:

A positive credit history will affect his ability to get a loan to buy his car is your right answer....

rest options do not suit the question.

Hope it helps

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