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What types of advantages have been made available to you for having high credit scores? I'm curious.
@megaman1 wrote:What types of advantages have been made available to you for having high credit scores? I'm curious.
Access to cheap(er) money. Better credit products as well in some cases.
@Revelate wrote:
Access to cheap(er) money.
And..... more of it. please note, "Access" is not necessarily the same as "use" Access to money is a form of comfort, not so much as a large pile of money in an emergency fund at the bank, but, knowing it's there to draw if you need it.
...and keep in mind that it's not just the score itself that matters. As always, your entire credit picture matters.
Access to better quality cards and higher credit limits. Some of the best reward cards require "excellent" credit; i.e. those with lowest chance of defaulting.