Minl$-$case A: $(6\mathrm{.}5$ marks$)$

Maye, a $22-$year$-$old university student, has a credit score of $640,$ which is consldered falr. She wants to improve her score to qualify for a lower interest rate on a car loan when she graduates next year. Here is an overvew of her financial slituation:

Maya has had a Mastercard with a $$2,000$ limit since she was $18$ years old, which she maxes out each month.

She only makes the $550$ minimum payment leaving her with Just $850$ in avallable credtfor new purchases eech month.

She missed two credit card payments in the past year, but it is only because she forget to pay.

Since her Mastercard is always at its credit limit$,$ Maya declded to apply for a secend credit card to use in emergendies. She is currently awaling a response from Visa.

She has a student loan of $$10,000$ with the Royal Bank of Canada $($RBC$)$ but is not required to start reimbursing until after greduation.

She earns a gross monthly part$-$time salary of $$1,000$ and spends the entire net monthly pay of $$800$ as follows: $$500$ to repey her parents for the car they purchased for her, $$100$ on har cellphone bill, $$50$ as a minimum monthly paymant on her Mastercard, and $$150$ on hair, manloures, and pedicures.

She lives with her parents but is looking to move into an apartment with two grifiriends once she graduates in April $2026$ and secures a full$-$time job.

a$)$ Credit scores are Influenced by five key factors. Based on specific examples from the case select two positive and two negative credit score factors and explain how they lipact Maya's overill creditworthiness. $(1$ mark for $25$ marks esch$)$

Poshthes payment history, credit utilozilion, length of credit history, types of credit used, now credil. Hiphlight and Undarina two poestive credit score factors.

Explaln:

$2-$ Treachereditusedi

$2.$ Length of aredit histery