Which of the following is an advantage of maintaining a good credit score?(1 point)

Responses

Credit card companies offer more points in their rewards system
Credit card companies offer more points in their rewards system

Greater chance of receiving a loan with a low interest rate
Greater chance of receiving a loan with a low interest rate

Receive higher interest rates on money in a savings account
Receive higher interest rates on money in a savings account

Stocks can be purchased at a lower price
Stocks can be purchased at a lower price

1 answer

The advantage of maintaining a good credit score from the options provided is:

Greater chance of receiving a loan with a low interest rate.

A good credit score indicates to lenders that you are a low-risk borrower, which can lead to better loan terms, including lower interest rates.