Whether you want a loan to make a large purchase or you’re applying for a job, a high credit score may give you an advantage. The Benefits of Great Credit are many. A great credit score helps you get a lower interest rate. That will save money over the life of your loans.
A high credit score also demonstrates to lenders and potential employers that you’re financially responsible. They interpret that to mean that you are likely responsible in other areas of your life.
This is an article that is part of our Client Appreciation Program and is found in the Financial Literacy category.