Sam wants to get a credit card. How would a strong credit history be a benefit to him?
) Responses He would know his credit rating. He would know his credit rating. He would have a higher credit limit. He would have a higher credit limit. He would be able to pay his bills easier. He would be able to pay his bills easier. He would be able to avoid interest charges.
He would be able to avoid interest charges. A strong credit history would indicate that Sam has a track record of responsibly managing credit, making his creditworthiness higher in the eyes of lenders. This could result in him being offered a credit card with a lower interest rate or even a card with introductory 0% APR offers. As a result, he could avoid incurring high interest charges on his credit card transactions.
