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What is NOT a benefit of having a good credit score?
A) You’ll get better interest rates on your loans.
B) you’ll get accepted to better education institutions.
C) It will be easier to get an apartment.
D) when you need a loan, you’ll have more loan offers to pick from.

Respuesta :

joey23224
The correct answer is B.

You'll get accepted to better education institutions this is not a benefit of having a good credit score.

What is credit score?

A credit score estimates your likelihood of repaying a debt on time. A credit score is calculated using information from your credit report.

What factors are used to determine your credit score?

  • Your history of bill-paying
  • Your present debt that has not been paid
  • You have a certain number and type of loan accounts.
  • How long have your loan accounts been open?

The benefits of having good credit score are:

  • Low Credit Card and Loan Interest Rates.
  • A Better Chance of Getting a Credit Card or Getting a Loan.
  • Approval for Rental Houses and Apartments is Easier.
  • Utilities don't require security deposits.

Hence there is no benefit of getting accepted in better educational institutions.

Learn more about credit score on:

https://brainly.com/question/7716489

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