The higher your credit score,the easier it is to obtain credit.

Question

Quizplus · Accepted Answer

A higher credit score is considered a positive indication of creditworthiness, which makes it easier to obtain credit. Lenders are more likely to offer lower interest rates and more favorable terms to individuals with higher credit scores. On the other hand, individuals with lower credit scores may have a harder time getting approved for credit or may have to pay higher interest rates and fees.

The Higher Your Credit Score,the Easier It Is to Obtain