asked 132k views
2 votes
6.

The higher your credit score, the _____.

lower your savings interest rate

higher your car loan rate

higher risk you are to a creditor

lower your mortgage interest rate

2 Answers

2 votes
The answer is D (lower your mortgage interest rate)
answered
User Zotty
by
7.6k points
3 votes

Answer:

lower your mortgage interest rate

Explanation:

The higher your credit score, the __lower your mortgage interest rate__.

Because the higher your credit score, the less risk you represent for a lender, so it will most likely grant you a lowest rate for your mortgage/loan.

The "lower your savings interest rate " is not the answer because savings interest rates are not related to the credit score...

"higher your car loan rate " and "higher risk you are to a creditor " are consequences of a low credit score.

answered
User Sagar Junnarkar
by
8.4k points
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