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Which of these are long-term impacts of having a good credit history? everfi

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Answer: When having a credit score that is generally good you have a long term advantage in life that majority of people dont have. Having a good credit score allows you to buy things you might not be able to buy with a lower credit store. Long term this benefits you because you have a better chance at getting approved for loans to buy things like houses and cars because companies trust you will pay them back, and also having a good credit score helps so that when getting financed to pay for things you will have better chances at paying a lower price because your credit score is higher and you may not be required to put down as high of a down payment.

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