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If you have a good credit score, you'll almost always qualify for the best interest rates, and you'll pay lower finance charges on credit card balances and loans. The less money you pay in interest, the faster you'll pay off the debt and the more money you have for other expenses.

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The advantages of a high Credit Score are;

  • One can save on other forms of Insurance.
  • A person can Qualify for Lower Credit Card Interest and others.
  • The better chances one has.

What is high credit scores?

High credit score is known to be a score that ranges based on the credit scoring model.

In all, credit scores that is from 580 to 669 are said to be fair; 670 to 739 are said to be good; 740 to 799 are said to be high; and 800 and above are said to be excellent.

Learn more about High credit score from

https://brainly.com/question/1821936

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