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? he will get the house for a lower price. it will be easier for him to get a loan to buy the house. he will be able to get a higher interest rate when buying the house. he 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? he will get the house for a lower price. it will be easier for him to get a loan to buy the house. he will be able to get a higher interest rate when buying the house. he will be able to find a house he likes more quickly.

Answer

Brief Explanations:

A positive credit history is important in finance as it indicates credit - worthiness. Lenders are more likely to approve loans and offer better terms to borrowers with good credit. A lower price of the house is not directly related to credit history. A higher interest rate is usually for those with poor credit. Finding a house quickly has nothing to do with credit history.

Answer:

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