Best Things About Having a Good Credit ScoreThere is much more to having a high credit score than possessing a three digit number you can brag about. Your credit score equals buying power. The higher your credit score, the more you can purchase. Even when income is constant, a high credit score means you can live in a larger house and drive a nicer car than someone with a bad credit score.
A high credit score is a golden ticket in our credit driven society. Here is a list of the top 10 benefits to having good credit. Don't agree with the list? Vote for an existing item you think should be ranked higher or if you are a logged in, add a new item for others to vote on or create your own version of this list.
The Top Ten
With a good credit score, you can get approved for a lower interest rate on a home that will save you a ton of money. We're talking a few hundred dollars a month which can add up to hundreds of thousands of dollars on a 30 year mortgage loan.
Like an A on a report card, a high credit score just feels good.
Most landlords will check your credit. If it's not good, expect a big security deposit or to be turned away.
Like home loans but on a smaller scale. Better credit score means a lower interest rate so you either save money each month or commit more money to principal so you can get a nicer ride.
Many employers also look at your credit score. Have a bad credit history and you may be out of luck when it comes to getting hired for that new dream job.
Get CodeAdd This List to Your Site
Comments About This List
- Best PlayStation 4 Games
- Best Xbox One Games
- Best Movies of 2013
- Best Car Insurance Companies
- Best Credit Repair Services
- Best Home Workout Programs
- Best Alternatives to YouTube
- Best Web Hosting Companies