What is credit history and why is it important?

Answers

Answer 1

The concept in question is Credit history. A credit history is a record of a borrower's responsible repayment of debt.

It's a record of your credit activity, including whether you pay bills, how many credit cards you have, what type of credit you use, and how much you owe. Lenders use your credit history to determine whether to approve a loan or credit card.

A good credit history, reflected in a good credit score, allows you to take advantage of lower interest rates and fees, freeing up extra money to set aside for emergencies, retirement, and other small unexpected expenses. Reducing debt and increasing savings reduces stress and leads to greater financial freedom.

Good credit plays a crucial role in one's life. It's essential not only for the obvious things like applying for a loan or credit card, but also for less obvious things like getting cell phone service, renting a car, and maybe even looking for a job.

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Related Questions

Was there a gas shortage during ww2?

Answers

Gasoline rationing was implemented in 17 Eastern states on May 15, 1942, in an effort to aid the American war effort during World War II.

President Franklin D. Roosevelt made sure that statutory gasoline rationing was in place in all 48 states by the end of the year.

Despite the fact that thousands of things became scarce during the war, only those that were absolutely necessary for the endeavour were rationed. Rationing laws applied to essential items like sugar, tyres, fuel, meat, coffee, butter, canned foods, and shoes.

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Which of the following is TRUE about the Commercial Revolution in the 16th century?
(PLS HELP)
A. The Commerical Revolution was the first time nations traded with each other.
B. The Commerical Revolution was not impacted by exploration in the New World.
C. The Commerical Revolution caused the end of mercantilism.
D. The Commercial Revolution changed how nations viewed wealth.

Answers

A true statement on the Commercial Revolution in the 16th century is D. The Commercial Revolution changed how nations viewed wealth.

What did the Commercial Revolution lead to ?

The Commercial Revolution in the 16th century was a period of economic expansion and growth that was characterized by an increase in trade, the growth of financial markets, and the development of new forms of business organization. This period saw a shift from a feudal, agrarian economy to a more market-based economy, and it had a profound impact on the way that nations viewed wealth and economic power.

The  commercial revolution did not cause the end of mercantilism, but it was an important factor in the emergence of new economic theories and practices that would eventually lead to the decline of mercantilism. The commercial revolution was greatly impacted by exploration in the new world through the exploitation of natural resources and the trade of goods.

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Answer:

The answer is D

Explanation:

Which ecological region do Florida and Mexico share?

A) tropical humid forests

B) marine west coast forests

C) Hudson plains

D) eastern temperate forests

Answers

A tropical humid forests

why did napoleon think they would defeat the mexicans army?

Answers

Answer:

During the French-Mexican War (1861-1867), an outnumbered Mexican army defeats a powerful invading French force at Puebla. The retreat of the French troops at the Battle of Puebla represented a great moral victory for the people of Mexico, symbolizing the country’s ability to defend its sovereignty against a powerful foreign nation. In 1861, Benito Juarez became president of Mexico, a country in financial ruin, and he was forced to default on his debts to European governments. In response, France, Britain, and Spain sent naval forces to Veracruz to demand reimbursement.

Britain and Spain negotiated with Mexico and withdrew, but France, ruled by Napoleon III, decided to use the opportunity to carve a dependent empire out of Mexican territory. Late in 1861, a well-armed French fleet stormed Veracruz, landing a large French force and driving President Juarez and his government into retreat.

Which of these had the BIGGEST influence on speeding the transportation of goods and people in the early decades of the 1800s

Answers

Steamboats had the most influence on how rapidly goods and people were carried in the early 1800s. utilized extensively on the major rivers in the US and predated locomotives by a few decades.

What are Steamboats ?

Shallow-draft paddle wheel steamboats were frequently used on rivers in the 19th century, especially the Mississippi River and its significant tributaries in the United States. Any steam-powered boat, but particularly a shallow-draft paddle wheel riverboat, is referred to as a steamboat.

The steamboat industry got its start in America in 1787 when John Fitch tested a steamboat there. Robert Fulton conducted successful tests after that, but it wasn't until 1811 that the New Orleans, a ship built in Pittsburgh, Pennsylvania for Fulton and Robert R. Livingston, was specifically designed to cross the lower Mississippi River. The two men began operating a regular riverboat service between New Orleans and Natchez in 1812.

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Explain how president Truman's knowledge of previous historical events influence him to inmate U.S involvement in Korea.

Answers

President Truman remembered how the policy of appeasement had failed to check German aggression that sparked World War II Truman didn't want this to repeat

Activity : Imagine that you are reporting the evening news in Rome on the day that the fire is finally put out. Write an account of the events that reports both the facts and the rumors in an unbiased, objective way.

Help please

Answers

just right about what happened and how it started and how it ended and the causalitys and the current state of the area now

How did the emergence of Nation-States and Nationalism in the mid-19th century play a role in Western Imperialism

Answers

The Puritan revolution in 17th-century England was the first full manifestation of modern nationalism. England had established itself as the world's most influential nation in terms of political activity, business, and scientific endeavor.

The English people had a lot of faith in the new era and felt like they were carrying the mission of history on their shoulders. They knew that they were at a great turning point, where a new true reformation and new liberty would start. The influence of the Bible gave form to the new nationalism by identifying the English people with ancient Israel, and in the English revolution, an optimistic humanism merged with Calvinist ethics. The poetry of the poet John Milton (1608–1744), in whose famous vision the concept of liberty was seen spreading from Britain, "celebrated for endless ages as a soil most genial to the growth of liberty," to all corners of the earth, expressed the new message that the new people carried not only for England but for the entirety of humanity.

Therefore, English nationalism was much closer to its religious foundation than later nationalisms that emerged after greater progress in secularization. However, it shared its enthusiasm for liberty, humanitarian bent, and emphasis on individual rights and the human community over all national divisions with the nationalism of the 18th century. The rise of the English trading middle classes and the rise of English nationalism came at the same time. It influenced American and French nationalism in the following century in the form that it found its final expression in John Locke's political philosophy.

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Why is it important to acknowledge past atrocities?

Answers

Answer:

Calculate the number of whole years it takes for the population to decrease from 2180 to less than 1000Explanation:

To ignore past atrocities would be inviting history to repeat itself. It is good to acknowledge and teach about the darker moments in human history to ensure they do not happen again, to show the new generations that what has happened cannot be changed but we can learn from it and ensure a better future for us all by keeping from repeating the same mistakes.

Hitler called himself the __________ and wanted to ________________.
It about world war II

Answers

Answer:

der Führer und Reichskanzler,territorial expansion, 

Asia's is the worlds what continent

Answers

Answer:

Asia's is the worlds LARGEST continent

what did the explorers expect the northeest passage to provide?

Answers

Answer: European explorers hoped that the Northwest passage would provide a new trade route to East Asia. Christopher Columbus set out in 1492 with this goal in mind, but the recovery of the American meant that European would have find a way around them.

What European power was the colonial ruler of Vietnam in the 1800s and early
1900s?
A. Great Britain
B. France
C. United States
D. Germany

Answers

Answer:(A)

Explanation:

The answer is Great Britain

Connect What household technology that was considered a luxury in the 1920s is considered a necessity today? Why? How might this be related to the standard of living?

Answers

Refrigeration is a household technology that was considered a luxury in the 1920s but is considered a necessity today. This is because refrigeration allows for the preservation of food, which is essential for maintaining a healthy diet and reducing food waste.

This is related to the standard of living because as the standard of living increases, people can afford more and better technology, which leads to more food options, which contributes to better health and nutrition and improved overall quality of life. The availability of refrigeration also allows for a more varied diet and the ability to store food for longer periods of time, which can help to reduce food costs.

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What is the most important part of Darwin's theory?

Answers

Natural selection, a process that occurs over several generations and is described as the differential reproduction of genotypes, is at the heart of Darwin's hypothesis.

How does natural selection work?

Consider a simplified, hypothetical example to better understand natural selection. In this example, a group of mice with heritable fur color variation (black vs. tan) has just moved into a new environment with black rocks. Hawks inhabit this area and like to eat mice, which can see the tan ones more easily than the black ones against the black rock.

Because hawks can see and capture tan mice more easily, a larger proportion of tan mice are eaten, while a far smaller proportion of black mice are consumed. The ratio of black mice to tan mice in the surviving ("not-eaten") population will be higher than in the starting population.

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One reason the United States got involved in the Korean War was to stop communism from spreading from the nation of

Answers

I believe the answer to be China

Answer:

The correct answer is China (even indicated in its official name: the People's Republic of China).

hello please help i’ll give brainliest but you gotta answer correctly

Answers

Answer:

Thebes

Explanation:

plz trust me

Answer:

Giza

Explanation:

What was President Nixon's goal during the "kitchen debate" with Khrushchev?

A.
to discuss international trade
B.
to show the benefits of socialism
C.
to discuss ending the Cold War
D.
to highlight the benefits of capitalism

Answers

Answer:

D. - to highlight the benefits of capitalism.

Explanation:

The "kitchen debate" was a series of impromptu exchanges between US President Richard Nixon and Soviet Premier Nikita Khrushchev at the opening of the American National Exhibition in Moscow in July 1959. The debate was held in a model American kitchen, and Nixon used the opportunity to promote the benefits of capitalism, particularly American technology and consumer goods, and to contrast them with the perceived shortcomings of the Soviet system.

Due to the increase in commercial farming, family farms in Africa have become less and less profitable. Rural families engage in subsistence agriculture. How has this led to the growth of cities?

People are moving into the cities where there is plenty of lands available to grow commercial crops.

Africans make so much money with cash crops that they can afford to own second homes in big cities.

Since little money can be made in farming, people move to cities looking for work.

Commercials for agriculture make cities look inviting, so rural families sell farms and move.

Answers

Bro im struggilin 21

In which year did america win territory in ohio from the miami coalition?

Answers

Answer:  In the year 1795, America won territory in Ohio from the Miami coalition.

Explanation: What is the Miami coalition?  The Miami coalition was an alliance formed between the Miami tribe, the Shawnee tribe, the Ottawa tribe, and the Potawatomi tribe. The alliance was created to resist the United States' expansion into the Northwest Territory, which was a region in the present-day Great Lakes area that was claimed by several Native American tribes as their ancestral land.

How did America win the territory in Ohio?  In 1794, the United States Army, led by General Anthony Wayne, defeated the Miami coalition in the Battle of Fallen Timbers, which took place near present-day Toledo, Ohio. As a result of the victory, the Native American tribes were forced to sign the Treaty of Greenville in 1795, which ceded much of the present-day state of Ohio to the United States.

How did the Nazca change their environment to make it suitable for agriculture?

Write an expository essay explaining their methods

Answers

The Nazca change their environment to make it suitable for agriculture by subsurface aqueducts for supplying water for home use and irrigation in arid environments.

The religious practises of the Nazca people were centred on agriculture and fertility, which is probably related to the region's desert and severe conditions. Powerful natural beings like the mythological killer whale, harvesters, spotted cat, hummingbird, and serpentine creature are frequently shown in Nazca art.

Puquios, or underground aqueducts, were created by the Nazca to support communities and crops in this dry environment. Numerous of them are still in use today. They also produced intricate fabrics and ceramics that reflected their traditions of agriculture and sacrifice.

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The Federalists and the Democratic-Republicans emerged as separate political parties partly as a result of disagreement over-: how the nation should develop economically
whether to enforce the Monroe Doctrine
how the nation should admit new states
whether to approve the Declaration of Independence

Answers

They argued on the Monroe Doctrine's applicability, the best way to admit additional states to the union, and whether or not to accept the Declaration of Independence.

What was the Monroe Doctrine?

The Monroe Doctrine was an axiom of American foreign policy that resisted European colonialism in the Western Hemisphere. It maintained that any foreign power's interference in the political affairs of the Americas constituted a potentially hostile act against the United States. The Monroe Doctrine is the most well-known aspect of American foreign policy in the Western Hemisphere. The doctrine alerts European countries that the United States will not allow future colonization or puppet monarchies in a customary annual address delivered to Congress by President James Monroe in December 1823.

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Answer:A. how the nation should develop economically. 

I got it right

Taxes can affect ____ and economic growth by changing the ____, or motivation, to save, invest, and work.

Answers

Answer:

increase affect the economy long term groth

economic growth economic choices

I got this suggestion from a person , so this is about clouds . Take a shout out to her. :)) :P Also please rate, ty.


Clouds

Clouds are white

Clouds are gray

they make faces that make me laugh

they turn to shapes you can imagine

clouds can go anywhere at anytime

but not like any other person

clouds are like washing machines

they move around in the beautiful blue sky

clouds are made of water


When the water is heavy

the clouds make rain

some clouds are huge and some clouds are small

Answers

omg it's literally perfect

Why was the Hanford site the perfect location for building the atomic bomb?

Answers

Hanford was chosen as the site where they would make plutonium, a deadly byproduct of the nuclear reaction process and main ingredient of the atomic bomb. Just 13 months later, Hanford’s first reactor went online.

LAND 240 ll of these are believed to be one of the three Primary Planning and Spatial Aspects of Old World Caves EXCEPT:

Answers

All of these are believed to be one of the three Primary Planning and Spatial Aspects of Old World Caves except Conduction.

What exactly is a cave?

A natural earth void that is big enough for a person to enter is called a cave or cavern. Rock weathering is a common cause of the formation of caves, which frequently extend far below ground. Large, unnatural openings in the earth's crust are called caves. Around the planet, rocky terrain is home to underground tunnels and caverns. They can be found in regions with a lot of limestone, a common kind of rock. Although there are many different ways to make them, water usually hollows out the rock to form caves.

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Describe two changes in women’s roles in the work

Answers

Women's contributions to society were restricted and regulated many years ago by men. Women are taking the lead and contributing significantly in many crucial fields. Women now play an increasingly important role in fields like politics, business, law, professional training, and medicine.

In what ways did World War I affect women's employment roles?

The proportion of women in the workforce rose after America joined the Great War.

Women were now employed in clerical jobs, sales, and textile and apparel industries, expanding the range of traditional women's occupations like teaching and household work that they could choose from.

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Americans _____________ want to enter the war.
It about the world war II

Answers

Answer:

In January of that year, one poll found that 88% of Americans opposed the idea of declaring war against the Axis powers in Europe. As late as June, only 35% of Americans believed their government should risk war to help the British.

Many people immigrate to the United States because they believe
that it is better than their native country. In fact, many people
believe that the United States is the best country in the world. Do
you agree? Why or why not?

Answers

Answer:

Well many people consider it as "great" or the best country but it does not necessary mean that. The United States has laws and is a free country that allows you to be who you are. However there are still unfair rules that are in place.

Explanation:

I do not agree. People do immigrate to the US because the life is better than in their native country but most don’t believe that it is the best country in the world, just the better choice. Most people wouldn’t leave their country of origin because they want to but because they need a better life for their families or themselves.

what was one way Jews were discriminated against during the Nazi occupation of Amsterdam in the early 1940s

Answers

In Amsterdam in the early 1940s, the only method the Nazis employed to discriminate against Jews was to close Jewish schools and houses of worship.

The core of Nazi philosophy was virulent antisemitism. They have consistently attempted to discriminate against Jews and impede their economic advancement. The Holocaust was a process that began with prejudice toward Jews and resulted in the deaths of millions of people.

Jewish-owned enterprises were also closed down, and large sums of money were seized. The Star of David had to be displayed on Jewish clothes as well otherwise they will get butchered by the Nazis.

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