Ways that Good Credit Saves You Money

With a good credit score comes great responsibility—and also great rewards and perks!

If you have a higher score, you will probably find yourself saving money in ways that you may not have even realized possible. For instance, you’re eligible for top credit cards, which always means way more perks and benefits. On top of that, you’re also able to get lower APR rates for your cards and for loans. Often you’re judged on interest rates based on how much of a credit risk you pose, so if you’re credit is secure you’re able to enjoy lower rates.

On top of that, a better score also affords you cheaper phone plans as well as better opportunities for car insurance. Essentially whenever you’re trying to make a big purchase in your life, a good credit score will not fail you.

Image via Credit.com.