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Which is a possible benefit of having a good credit history? getting a high interest rate on a credit card offer obtaining a low interest rate on a loan obtaining a savings account having a paycheck garnished
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25 votes
Which is a possible benefit of having a good credit history?

getting a high interest rate on a credit card offer
obtaining a low interest rate on a loan
obtaining a savings account
having a paycheck garnished

User Mtkilic
by
5.4k points

2 Answers

6 votes

Answer:

Your borrowing capacity is based on your income and your credit score. One of the benefits of having a good credit score is that banks are willing to let you borrow more money because you’ve demonstrated that you pay back what you borrow on time.

Step-by-step explanation:

User Jellyfication
by
5.9k points
10 votes

Answer:

B.

Step-by-step explanation:

edge2021

User Jaudette
by
5.0k points
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