Sam wants to get a credit card. How would a strong credit history be a benefit to him?
) 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.
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He would be able to avoid interest charges. A strong credit history would indicate that Sam has a track record of responsibly managing credit, making his creditworthiness higher in the eyes of lenders. This could result in him being offered a credit card with a lower interest rate or even a card with introductory 0% APR offers. As a result, he could avoid incurring high interest charges on his credit card transactions.
3 answers