A strong credit history would primarily benefit Sam by allowing him to have a higher credit limit. This is because lenders generally view those with strong credit histories as lower risk, which can result in more favorable credit terms.
Question
Sam wants to get a credit card. How would a strong credit history be a benefit to him?
(1 point)
Responses
He would know his credit rating.
He would know his credit rating.
He would have a higher credit limit.
He would have a higher credit limit.
He would be able to pay his bills easier.
He would be able to pay his bills easier.
He would be able to avoid interest charges.
1 answer