kendrick is planning to buy a house. which explains why he should establish a positive credit history before…

kendrick is planning to buy a house. which explains why he should establish a positive credit history before buying the house?\nhe will get the house for a lower price.\nit will be easier for him to get a loan to buy the house.\nhe will be able to get a higher interest rate when buying the house.\nhe will be able to find a house he likes more quickly.

kendrick is planning to buy a house. which explains why he should establish a positive credit history before buying the house?\nhe will get the house for a lower price.\nit will be easier for him to get a loan to buy the house.\nhe will be able to get a higher interest rate when buying the house.\nhe will be able to find a house he likes more quickly.

Answer

Brief Explanations:

A positive credit history shows lenders that a borrower is reliable. When applying for a mortgage (a loan to buy a house), a good credit history makes it more likely for the lender to approve the loan. A lower price of the house is usually determined by market factors, location, etc., not credit history. A higher interest rate is bad for the borrower and not an advantage of a positive credit history. Finding a house quickly is related to real - estate search efforts, not credit history.

Answer:

It will be easier for him to get a loan to buy the house.