Question $2$ of $4$

Read the case study below and choose the best possible answer to the following question.

During Jennifer's first year of college, she and her friends made a weekly trip to the mall. Most of the time they would just hang out, but Jennifer had applied for several store credit cards. It didn't seem like a big deal. She would buy a few things each week, and the card made it really easy. Jennifer had a work$-$study job on campus, but with all her other bills, she was having a hard time making the card payments. At the end of the semester she was $$2,000$ in debt and was two months behind in making the minimum payments.

Question.

Which is a possible outcome of Jennifer's careless financial behavior?

She will improve her credit score by having multiple active credit accounts.

She will be well$-$qualified for a mortgage when she looks to purchase her first home.

She will be able to roll all of her lower$-$limit store credit cards into one larger$-$limit major credit card, such as a Visa or Mastercard.

She might not be approved for future student loans.