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iris [78.8K]
2 years ago
10

Why is having a long credit history with a few blemishes that were corrected better than a short history that is clear?

Business
1 answer:
Bas_tet [7]2 years ago
3 0

Answer:

Lenders don't like risk because it can lose them money, so they're cautious on who they're lending to. They do this by checking people's credit history. They prefer people who have longer credit history even with a few blemishes that are corrected rather than lending to people who have a short clear history mainly because they have little to no experience and can be unpredictable what they may do.

Explanation:

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<span>If a product is bulky or heavy, because of its weight or mass the transportation costs will obviously increase and make it more expensive, and unless the product carries an extraordinary high value-to-weight ratio the exporting strategy will be considered the least effective.</span>

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Jack and jill have just had their first child. if college is expected to cost ​$180 comma 000180,000 per year in 1818 ​years, ho
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Given:
tuition: 180,000 per year
period to save: 18 years
annual rate of return : 6%

FV = PV * (1+r)^t
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