To determine which of the given financial products does not help in building a credit history, let's briefly analyze each option:

1. **Secured Credit Card**: This type of card requires a cash deposit as collateral and is reported to credit bureaus, helping to build a credit history.

2. **Debit Card**: A debit card draws directly from a checking account and does not involve borrowing money. As a result, it does not contribute to building a credit history.

3. **Auto Loan**: This is a form of borrowing and is reported to credit bureaus, thus helping to establish a credit history.

4. **Credit Card**: Regular use of a credit card and timely payments are key factors in building a positive credit history.

### Conclusion
The financial product that does **NOT** help build a credit history is the **Debit Card**.

Question

To determine which of the given financial products does not help in building a credit history, let's briefly analyze each option:

1. **Secured Credit Card**: This type of card requires a cash deposit as collateral and is reported to credit bureaus, helping to build a credit history.

2. **Debit Card**: A debit card draws directly from a checking account and does not involve borrowing money. As a result, it does not contribute to building a credit history.

3. **Auto Loan**: This is a form of borrowing and is reported to credit bureaus, thus helping to establish a credit history.

4. **Credit Card**: Regular use of a credit card and timely payments are key factors in building a positive credit history.

### Conclusion
The financial product that does **NOT** help build a credit history is the **Debit Card**.

Knowee AI · Accepted Answer

To determine which of the given financial products does not help in building a credit history, let's briefly analyze each option:

1. **Secured Credit Card**: This type of card requires a cash deposit as collateral and is reported to credit bureaus, helping to build a credit history.

2. **Debit Card**: A debit card draws directly from a checking account and does not involve borrowing money. As a result, it does not contribute to building a credit history.

3. **Auto Loan**: This is a form of borrowing and is reported to credit bureaus, thus helping to establish a credit history.

4. **Credit Card**: Regular use of a credit card and timely payments are key factors in building a positive credit history.

### Conclusion
The financial product that does **NOT** help build a credit history is the **Debit Card**.

Each of the following financial products will help you build a credit history EXCEPT...*1 pointSecured credit cardDebit cardAuto loanCredit card

Question

Each of the following financial products will help you build a credit history EXCEPT...

Solution

Conclusion

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