Question

1. what are some benefits of having an \excellent\ credit score?

a. high interest rates
b. denied credit applications
c. limited credit options
d. most favorable terms, including lower interest rates and higher borrowing limits

Explanation:

An "Excellent" credit score indicates a low - risk borrower. Lenders offer better terms (lower rates, higher limits) to attract such borrowers. Options A (high rates), B (denied apps), and C (limited options) are negatives not associated with an excellent score.

Answer:

D. Most favorable terms, including lower interest rates and higher borrowing limits