which is a possible benefit of having a good credit history?\ngetting a high interest rate on a credit card…

which is a possible benefit of having a good credit history?\ngetting a high interest rate on a credit card offer\nobtaining a low interest rate on a loan\nobtaining a savings account\nhaving a paycheck garnished

which is a possible benefit of having a good credit history?\ngetting a high interest rate on a credit card offer\nobtaining a low interest rate on a loan\nobtaining a savings account\nhaving a paycheck garnished

Answer

Brief Explanations:

A good credit history indicates a borrower's reliability. Lenders offer lower - interest loans to reliable borrowers to reduce risk. High - interest rates are for high - risk borrowers. Obtaining a savings account is not directly related to credit history. Wage garnishment is a negative consequence for non - payment, not a benefit.

Answer:

obtaining a low interest rate on a loan