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which of the following is not a step that can help you establish and maintain a good credit history?

a.open a bank account.
b.purchase a cell phone contract an pay it on time and in full every month.
c.make car payments and car insurance on time.
d.open many credit card accounts.
e.all of the above steps help establish good credit history.
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Respuesta :

cjanice2020

Answer:

D

Explanation:

credit cards means you are spending money that isn't yours.

The opening of many credit card accounts is not a step to establishing and maintaining a good credit history.

Option D is the correct answer.

What is a bank account?

A bank account is an account that allows an individual or entity to keep their hard-earned money with the bank safely. There are saving accounts for individuals and current accounts for companies or businesses.

  • Credit cards allow an individual to purchase something which he/she is in need of and have to pay back the money along with interest to the concerned bank on time.
  • If an individual uses credit cards for maximum bank accounts, then it will affect his/her credit score in terms of making credit card payments.
  • If he/she will be delayed or make no payment then it creates a negative credit history for them.

Therefore, the use of credit cards for maximum bank accounts will not maintain a good credit history.

Learn more about the credit cards in the related link:

https://brainly.com/question/27350251

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