Final answer:
Having a long credit history with some blemishes that were corrected is better than a short history that is clear because it demonstrates experience in managing credit and provides more information for lenders to assess creditworthiness.
Step-by-step explanation:
Havig a long credit history with a few blemishes that were corrected is better than having a short history that is clear because it demonstrates your ability to manage credit over a longer period of time. Having a long credit history shows lenders that you have experience with borrowing and repaying money responsibly.
On the other hand, a short credit history may raise concerns for lenders because there is less information to assess your creditworthiness. A short history may make it difficult for lenders to determine if you are a reliable borrower.
However, it is important to note that having blemishes in your credit history can still impact your credit score and make it more challenging to secure loans, even if they have been corrected. Lenders take into account the overall history of your credit, including any past mistakes.