Final answer:
Late credit card payments (option C) are the negative events that would show up on Abel's credit report. Positive loan repayments and job promotions are positive events, while opening a new savings account is neutral.
Step-by-step explanation:
Credit Report Negatives
Abel's rough year might reflect various events on his credit report. Among the provided options, the event that would typically be seen as a negative on his credit report would be C) Late credit card payments. Positive loan repayment and job promotions are typically viewed as positive developments, and opening a new savings account is generally neutral concerning the credit report unless it leads to excessive inquiries or new credit, which could be slightly negative, though not as detrimental as late payments.
Late payments on a loan or credit card indicate to potential lenders that the borrower may be less likely to repay a loan or to do so on time, reducing the borrower's creditworthiness. In the financial market, a borrower's past behavior, such as late payments, impacts the perception of risk associated with that borrower. High profits or a record of on-time payments can reassure a bank about a borrower's ability to repay a loan.