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Question 1 of 10
Which of these are long-term impacts of having a good credit history?
It gives you freedom to shop around for the best deal on tech.
It prevents you from spending money on things you want instead of things you need.
It's easier to pay for major purchases like cars, houses, and education.
It lets you buy the things you want like clothes or cellphones.
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Question 1 of 10
Which of these are long-term impacts of having a good credit history?
It gives you freedom to shop around for the best deal on tech.
It prevents you from spending money on things you want instead of things you need.
It's easier to pay for major purchases like cars, houses, and education.
It lets you buy the things you want like clothes or cellphones.
البر
الي
N
Answers
GPT-4o mini
The long-term impacts of having a good credit history include:
- **It's easier to pay for major purchases like cars, houses, and education.** A good credit history typically means you can secure loans with better terms, lower interest rates, and higher borrowing limits, making it easier to finance significant purchases.
The other options are more related to general consumer behavior and preferences rather than direct long-term impacts of having a good credit history.
- **It's easier to pay for major purchases like cars, houses, and education.** A good credit history typically means you can secure loans with better terms, lower interest rates, and higher borrowing limits, making it easier to finance significant purchases.
The other options are more related to general consumer behavior and preferences rather than direct long-term impacts of having a good credit history.