Leena is a senior in high school. She babysits regularly and deposits her earnings into a checking account. She wants to get a credit card before leaving for college, but she is finding it difficult to get one. Determine whether Leena has a positive credit history, a negative credit history, or no credit history. Explain your answer.(2 points)

Question

Leena is a senior in high school. She babysits regularly and deposits her earnings into a checking account. She wants to get a credit card before leaving for college, but she is finding it difficult to get one. Determine whether Leena has a positive credit history, a negative credit history, or no credit history. Explain your answer.(2 points)

The answer is correct. The student made no errors while solving. The answer shows that the student used problem-solving skills and reasoning. All work is shown or explained.

Answer 1

Leena most likely has no credit history. Since she is a high school senior, she is likely a minor and may not have had any opportunities to establish credit yet. Babysitting and depositing her earnings into a checking account do not directly contribute to establishing a credit history. This lack of credit history could be why she is finding it difficult to get a credit card at this time.