Denise wants to buy a blue dress that costs $100. To pay for it, she can either take money from her savings account, which earns

Question

3 years ago

8

Denise wants to buy a blue dress that costs $100. To pay for it, she can either take money from her savings account, which earns

2 percent interest. Or use a credit card, which will charge 7 percent interest. What is the best reason to use the credit card?
A. to get the dress she wants
B. to prevent paying interest
C. to reduce the cost of the dress
D. to build her credit history

Social Studies

2 answers:

Ksju [112] · Answer 1 · 2022-04-30T07:22:42+03:00

Ksju [112]3 years ago

7 0

D. to build her credit history

You always want to have this good, this is how you get cars, and houses and loans in your name!

aleksley [76] · Answer 2 · 2022-04-30T08:44:04+03:00

Answer:

The answer is<em> D, "to build her credit history"</em>

Explanation:

credit history is someone's background related to payments of debt. It is a record that contains information about how responsible someone is associated with debt.

It is important to build a good credit history because it is useful for example when you request a loan on a bank, when you buy stuff under credit, also when you buy thing with your credit card and so on. To sum up, credit history is intended to show how responsible you are paying your debt.