Afirm that uses real estate or some other tangible asset to secure borrowed money has a bond

a. eurobond
b. mortgage
c. convertible
d. debenture

answer(d) the growth of consumption is likely to remain sluggish even as the economy begins to recover.;

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.