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

Research and explain the steps to legally immigrate to America today.
No links
Need this ASAP

Answers

The research that you have to put in to Legally immigrate to America today is to go on America’s official website and apply for a visa
Apply for a visa might be the first step

Need help immediately!


List three causes of the civil war below. In two sentences, tell me what you believe is the most significant reason the Union and Confederacy went to war. Please explain your reasoning.

Answers

Answer:

Slavery and states' rights

Economic differences between the North and South

Political differences and the election of Abraham Lincoln

Explanation:

I believe the most significant reason the Union and Confederacy went to war was slavery and states' rights. The issue of slavery was deeply intertwined with states' rights, as Southern states argued that they had the right to maintain slavery within their borders and that the federal government had no authority to interfere with this institution. The election of Abraham Lincoln, who was opposed to the expansion of slavery, further exacerbated tensions between the North and South and ultimately led to the outbreak of war. The economic and political differences between the two sides also played a role, but the issue of slavery was the main cause of the conflict.

What major events happened in the Roaring Twenties?

Answers

The Jazz Age flappers flouted Prohibition laws, and the Harlem Renaissance transformed art and culture during the Roaring Twenties, when the economy was booming and mass consumption was at its height.

What changed most throughout the 1920s?

Significant social transformation occurred during the 1920s. The development of a consumer-driven economy and popular culture, which contributed to a "revolution in morality and manners," were the most visible indicators of change. During the 1920s, significant changes were made to sexual mores, gender roles, hairstyles, and clothing. The American consumer culture flourished as more and more people bought cars, electrical appliances, and other easily accessible consumer goods.

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Which of the following statements describes how the Punic Wars changed the social order in Rome?

Romans could focus more on expanding into the Western Mediterranean.
Many Romans became very wealthy and created large estates.
Slavery ended in the Mediterranean region.
Romans were forced to reorganize their government with an emperor as ruler.

Answers

The statements that describes how the Punic Wars changed the social order in Rome is that Many Romans became very wealthy and created large estates, hence option B.

How did the Punic Wars alter Rome's social structure?

Rome's governmental structure underwent considerable alterations as a result of the Second Punic War tensions. The Senate gained increasing power, wealth, and influence inside the Roman government.

Rome and Carthage engaged in a series of hostilities known as the Punic Wars between 264 and 146 BC. Over the course of three wars spanning forty-three years, these states engaged in battle on land and at sea in the western Mediterranean. The rebellion against Carthage, which lasted for four years and had its start in 241 BC, is also regarded as a part of the Punic Wars. Each war resulted in significant material losses and casualties on both sides.

Therefore, option B is correct.

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The introduction of the standard currency affect the Roman economy because ________

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Roman currency had numerous variations in shape, denomination, and composition from the time it was first used in the Republic in the third century BC until the time of the Roman Empire.

Over the centuries, the devaluation and replacement of coins due to inflation was a recurring feature. This happened after Diocletian's reforms, with notable cases. Through the Byzantine era, this pattern persisted. The majority of Roman history was spent with coinage made of gold, silver, bronze, orichalcum, and copper. Roman currency was widely utilized throughout western Eurasia and northern Africa from classical times to the Middle Ages because of the economic might and durability of the Roman state. During the Middle Ages and the Modern Era, it served as a model for the currencies of the Muslim caliphates and the European states. Roman coinage

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Describe the ways that Andrew Jackson's election was different than past elections.​

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The election was ultimately won by Jackson with 178 electoral votes against Adams' 83, making him the first president to do it without the support of a major political party.

A vote is what, exactly?

Voting is a procedure that a group, such as an electorate or gathering, might employ to come to an agreement or express a viewpoint, usually following discussions, debates, or election campaigns.

Even though there are various ways to make decisions and many of them can potentially be used as electoral systems, only those that support proportional representation are allowed to be used in elections.

Many different methods of voting are available for smaller organisations.

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3
How does the article develop the idea that it is unclear if the United States will enter a recession?
(A)
by presenting historical information related to earlier recessions
(B)
by presenting information that shows the U.S. is experiencing strong inflation
(C)
by presenting the formal definition of recession from the NBER
(D)
by presenting information that shows both indicators of recession and economic positives

Answers

The article develops the idea that it is unclear if the US will enter a recession by D) presenting information that shows both indications of recession and economic positives.

How do economists determine the probability of recession in the US?

A significant, pervasive, and protracted decline in economic activity is referred to as a recession. Although more complicated calculations are often utilized, a general rule of thumb is that two consecutive quarters of negative gross domestic product (GDP) growth indicate a recession.

The National Bureau of Economic Research (NBER) employs a much more comprehensive approach to measuring recessions than the more straightforward (although less reliable) two-quarters of negative GDP measure by taking into account nonfarm payrolls, industrial production, and retail sales, among other indicators. Although there isn't a single factor that can be relied upon to predict a recession, an inverted yield curve has occurred before to each of the 10 U.S. recessions since 1955, though not always.

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Who would southern colonists have seen as the best candidate for serving us as the town's judge? A) a tailor B) a wealthy planter C) a newspaper printer

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Southern colonists have seen as the best candidate for serving us as the town's judge a wealthy planter.

A settler is someone who has moved to a new location and made a permanent home there, generally in order to colonize it. A pioneer is a settler who moves to an area that was previously deserted or sparsely populated.

Sedentary peoples, as opposed to nomadic peoples, may shift settlements periodically within customary areas. Settlement may be a violent process that involves dispossessing already established inhabitants inside the contested region. Settlements are sometimes supported by governments or major countries. Settlements might make it difficult for native people to continue working.

Hence the correct answer is B

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An illustration that reptresents the term

Answers

What term in so confused there’s nothin there

2.
In the text, the author refers to the opinion of many Europeans that Africa was the "Dark
Continent." Why do you think some Europeans gave Africa that name in spite of the great
culture that existed in West Africa? What does this teach us about judging cultures which we
do not know much about?

Answers

Europeans called Africa the "Dark Continent"; a place whose inhabitants were wild and brutal because they didn't know much about Africa until the 19th century.

What was the name of the continent before it was called Africa?

Alkebulan: In fact the, Africa was originally and widely called Alkebulan, before the name Africa was born.

Why did Europeans call Africa the Dark Continent?Europeans gave West Africa the name 'Dark Continent', even though great cultures existed in Africa. Because it was most important thing in part of Africa. This teaches us about judgment of cultures, we are not familiar with, is that person often have bad stereotypes and prejudices as they misunderstand and give impressions of other person, countries, or cultures. that exactly superpowers the European, when they arrived on the African continent. European considered Africans as "barbarians" because of their life's ways and considered primitive person in time of modernization.However, Europeans never thought that Africans live happily with their customs, culture, traditions and histories.

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How did the goals of MacArthur affect Japan's economy in the decades following World War II

Answers

Instead of purchasing war bonds, Americans rushed to purchase consumer items after the conflict. Inflation was brought on by the commodities' lack and the high demand for them.

Employers were unwilling to offer raises or permit unionization of their workforces.  The general population thought that the strikes were a part of an anti-American revolution. Demand soared after the war's limitations on basic supplies and food were lifted. Demand growth resulted in inflation or sharp price increases. The workforce wanted a raise. Labor disputes would hinder production and put the US war effort in jeopardy. Military rationing set allotments of necessary supplies Newton Baker the American Secretary of War during World War I.

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Where is the Equal Protection Clause?

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The 14th Amendment Other Rights and Equal Protection Citizens of the United States and the state in which they reside are all persons born or naturalized in the United States and subject to its authority.

What is the Equal Protection Clause?

The Equal Protection Clause is part of the first section of the United States Constitution's Fourteenth Amendment. The provision, which became effective in 1868, states that "no State shall deny to any person within its authority the equal protection of the laws."

It requires that people in identical situations be treated equally under the law. The fundamental motive for this article was to validate the equality provisions of the Civil Rights Act of 1866, which guaranteed all citizens the right to equal protection under the law.

Overall, the Fourteenth Amendment signaled a significant shift in American constitutionalism by imposing significantly more constitutional limits on the states than existed before the Civil War.

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What was life like in the internment camps?

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Aside from mattresses and coal-burning stoves, interns were housed in uninsulated barracks. Hot water was typically scarce, although residents shared laundry and restroom facilities. Armed guards on patrol with orders to shoot anyone attempting to flee the internment camps.

During World War II, why were Japanese Americans sent to internment camps?

Many Americans were concerned that people of Japanese descent would serve as spies or saboteurs for the Japanese government. Japanese-Americans were interned in concentration camps for the length of World War II because of fear rather than actual evidence. During World War II, more than 127,000 Americans were detained. They were forcibly abducted from their West Coast homes and transferred to prison work internment camps around the nation, two-thirds of whom were full citizens who were born in the United States.

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What is the history of credit in America?

Answers

Answer:

Explanation:

How did countries ready their militaries for World War I? Select three answers.

by setting up military schools

by requiring colonies to participate

by drafting soldiers into the military

by encouraging civilians to volunteer

by offering higher wartime pay

if my parent uncle have a child what does that make them

Answers

If your parent's uncle has a child, that child would be your cousin Specifically, they would be your first cousin, once removed.

Who is first cousin ?

A first cousin is a first cousin once removed, and a first cousin is a kid of your first cousin.

The child of your parent's uncle would be a first cousin of your parent and thus a first cousin, once removed, of you.

In other words, a first cousin is someone who is related to you through your grandparents.

In other words, a first cousin is a person whose most immediate ancestor is a grandparent of the person in question. First cousins share about 12.5% of the same DNA.

First cousins may be one or two degrees removed. Second cousins are the offspring of first cousins, while first cousins once removed are the offspring of second cousins.

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why did the sprio people dissapear

Answers

The Sprio people disappear because of extended drought and political infighting which make it difficult to survive.

What are the features of Sprio?

The Spiro archaeological finds provide crucial new information about the ancient Mississippian people's culture. The Pocola Mining Company, a collection of neighborhood folks, had discovered Spiro Mounds.

The disappearance of these people has been observed due to changes in climatic conditions which create harsh conditions of living and make it difficult to manage survival.

Native Americans from North America constructed the Norman mounds during prehistoric times. Employees from Pocola recklessly dug into the burial mound.

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According to the Compromise of 1850, how was slavery to be decided in the Utah and New Mexico territories

Answers

According to the Compromise of 1850, the question of whether slavery would be allowed in the Utah and New Mexico territories was to be decided by popular sovereignty, by the settlers voting on the issue.

The Compromise of 1850 was a package of five bills passed by the United States Congress in September 1850. The Compromise was brokered by Senator Henry Clay and Stephen Douglas as a way to ease tensions between Northern and Southern states over the issue of slavery. One of the key provisions of the Compromise was the question of whether slavery would be allowed in these territories would be decided by the process of popular sovereignty, which meant that the settlers in the territories would vote on the issue.

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Which term refers to the absence of movement?
O Movement

O Composition

O Stillness

O Rhythm​

Answers

Option C is correct. Stillness refers to absence of movement.

What is stillness in movement?

Efficiency, smoothness, and calmness are just three characteristics of a running state that goes beyond each of them and is referred to as "Stillness in Motion." The state of Stillness in Motion is most frequently experienced at a slow pace, although it can also happen at very high intensity, like a winning kick.

What is the importance of stillness?

The power of silence. Standing stationary is like restocking the shelves. We are given time and space. Our ideas can genuinely be heard when we have the time and space to dwell on ourselves, according to Lawson. Our nervous system is also calmed by it.

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Explain how both the strict and loose interpretations would have viewed the creation of the national bank

Answers

A loose interpretation holds that the federal government can act in the interests of the nation even when the Constitution does not expressly permit it.

Who supported the stringent and loose interpretations of the Constitution, and what are they?

The Jeffersonian Republicans supported a tight interpretation of the Constitution, robust state governments, and a small federal government. The Federalists chose to interpret the Constitution broadly and to favor a strong central government with lesser state governments. Strict constructionism, often known as original intent, is a doctrine that restricts how legal and constitutional language is interpreted to its original intent at the time it was written. This theory is in contrast to a loose interpretation of the law, which gives judges more latitude to ascertain the meaning of a legal text. In the end, it is better for the three branches of government to have equal power so that they can counterbalance one another.

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Question 16 of 20
How did Sojourner Truth work to change the public's perception of slavery?

A. She spoke throughout the country about her abolitionist views.

B. She used her legal status to fight for enslaved people in the court system.

C. She ran for public office to have a voice in creating and changing laws.

D. She created a newspaper to publish the views of former slaves.
Inbox

Answers

Answer:

A. She spoke throughout the country about her abolitionist views.

Explanation:

Sojourner Truth was an African American abolitionist and women's rights activist who worked to change the public's perception of slavery. One way that she did this was by speaking throughout the country about her abolitionist views.

In two or three sentences, give three reasons why the “Era of Good Feelings” did not live up to its name.

Answers

Answer: The good feelings, perhaps better termed complacency, were stimulated by two events of 1816, during the last year of the presidency of James Madison: the enactment of the first U.S. avowedly protective tariff and the establishment of the second National Bank. With the decline of the Federalists the United States was, in practice if not in theory, a one-party state on the national level; heading the Democratic-Republicans, Monroe secured all but one electoral vote in 1820.

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Jesus describes his followers as “the salt of the earth”. Is this a good or bad thing? How can you tell?

Answers

Answer:

It could be good or bad, but i would say bad

Explanation:

salt soaks up water. referring to humans, people soak up/take things from earth even if they don't need it.

5. When a vice president becomes president, how is the next vice president chosen?

Answers

The new president appoints someone to fill in their old position of vice president, this choice can possibly be voted on by congressional approval

What are two reasons that farmers were able to make
more money growing wheat? Help pleaseeee

Answers

Answer:

Explanation:

There are many reasons why farmers might be able to make more money growing wheat, but some possible reasons include:

Increased demand for wheat: As population grows, and people consume more wheat-based products like bread and pasta, the demand for wheat increases, which can drive up the price farmers can charge for their wheat.

Advances in technology: Advances in technology, such as mechanization, can increase the efficiency and productivity of wheat farming, allowing farmers to grow more wheat on less land and with less labor. This can lower their costs and increase their profits.

Since sugar was rationed, Anna stopped putting sugar in her coffee so she could make cookies for her daughter. Anna's opportunity cost is

Answers

The opportunity cost of making cookies for her daughter is the pleasure of having sweetened coffee.

Opportunity cost is the cost of a forgone opportunity. It is the value of the next best alternative that must be given up in order to pursue a certain action or decision. It is the benefit you could have received by taking an alternative action. It is the cost of the most valuable alternative foregone, in terms of the next best alternative use of the resources involved. In the case of Anna, her opportunity cost is the enjoyment of sweetened coffee that she gave up in order to make cookies for her daughter.

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3. The Japanese company Chisso continue to discharge mercury sea for year

Answers

From 1932 to 1968, Chisso Corporation, a organisation located in Kumamoto Japan, dumped an estimated 27 lots of mercury compounds into Minamata Bay. Kumamoto is a small town about 570 miles southwest of Tokyo.

What took place to the Chisso Corporation?

As a end result of this contamination, 2,265 individuals in the place had been inflicted with what is now regarded as Minamata disease. 1,784 of these victims died as a end result of the poisoning and/or the disease.

Chisso, in turn, tried to make offers with people affected by way of mercury poisoning the use of prison archives that cited it would compensate persons for their ailments but would accept no existing or future liability. 6 Many human beings felt this was their solely chance of receiving any compensation, and signed the papers.

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How did World War II impact the role of women at home?

Answers

The Home Front during World War II saw numerous changes in both men and women's lives. Male and female workers experienced higher labor demands during times of war, which also raised home problems and duties and the pressure on Americans to adhere to social and cultural norms.

How did World War II change domestic life?

Clothing, gas, and food were all rationed. As well as planting "victory gardens," communities held scrap metal drives. Women and Blacks found work at military facilities as electricians, welders, and riveters to assist construct the weaponry required to win the war.

How and why did World War 2 begin?

Following Hitler's invasion of Poland in September 1939, Great Britain and France decided to declare war on Germany, starting World War II. The war would claim more lives and obliterate more land and property worldwide over the following six years than any other battle.

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What happened to the Japanese internment camps after ww2?

Answers

Japanese internment campus after the majority of the war was spent in camps for japanese americans, who were forced to leave behind their houses and belongings almost universally.

The imperial japanese navy's aircraft attacked pearl harbor, prompting president roosevelt to issue executive order No. 9066. american japanese were compelled by this order to leave their homes and relocate to the incarceration camps.Sent to live in camps as american Japanese so that the government could take control of them.

California, washington, and oregon were home to the majority of the american japanese population. In 1941, there were about 120,000 people of Japanese descent on the US mainland, mostly along the Pacific Coast. At the time of the Japanese attack on Pearl Harbor, this occurred. About two-thirds of them had full citizenship and were citizens by birth. However, in the wake of the attack on Pearl Harbor, the Roosevelt administration adopted a severe policy toward these residents, both foreign and native, as a result of a rise in anti-Japanese distrust and terror.

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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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unilateral government positive and negative points

Answers

A unilateral transfer is a one-way transfer of money, goods, or services from one party to another. It is often used to describe payments made by a government to their citizens, or from one country to another country in the form of foreign aid. In these cases, the supplier of funds receives nothing in return from the recipient.

Transfers made without consent are they imports or exports?

Unilateral transfers also flow in both directions, much like the global trade in commodities and services that can be either exported or imported. It is possible for one country to contribute money to another while also receiving money from them.

The unilateral transfer balance is what?

Unilateral transfers Gifts from foreigners or pension payments to foreign residents who had worked there are items that are recorded in the current account or balance of payments of a country's accounting records.

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