{"id":285076,"date":"2019-03-07T22:19:03","date_gmt":"2019-03-07T21:19:03","guid":{"rendered":"https:\/\/nigerianfinder.com\/?p=285076"},"modified":"2020-08-09T17:09:43","modified_gmt":"2020-08-09T16:09:43","slug":"the-top-10-advantages-of-great-credit","status":"publish","type":"post","link":"https:\/\/nigerianfinder.com\/the-top-10-advantages-of-great-credit\/","title":{"rendered":"The Top 10 Advantages of Great Credit"},"content":{"rendered":"

You may be aware that having great credit is important, mostly to help you easily access loans of all sorts like auto loans, personal loans, and online payday loans<\/a>. With an impressive credit history, potential lenders and creditors will see that you are a reliable borrower who will pay on time and in full, thus lending to you at more favorable interest rates. In some ways, lenders are all an equivalent . The rates and costs charged by hard money residential lenders vary, even as they are doing with conventional banks, so it is a good idea to buy around. Usually there’s an application or processing fee. It should be an inexpensive fee, that is, not within the thousand dollar range and ACCOLEND is Great! Recommended to you by another hard money lenders Teaneck<\/a>. You will get the trusted residential lender from AccoLend<\/a>, do visit us.<\/span>
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Below are some of the benefits of great credit:<\/span><\/p>\n

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  1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>Eligibility for superb credit card deals<\/b><\/li>\n<\/ol>\n

    Great credit scores enable you to qualify for some excellent credit cards with perks that may be of much value to you. Such benefits include cash back, discounts on shopping, airline miles, and more.<\/span><\/p>\n

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    1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>Better auto insurance rates<\/b><\/li>\n<\/ol>\n

      Insurers are of the opinion that people with poor credit scores tend to file more claims, thus slapping them with higher car insurance rates. A great credit score will lower insurance rates.<\/span><\/p>\n

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      1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>Friendlier interest rates on loans and credit cards<\/b><\/li>\n<\/ol>\n

        With a high credit rating, you will get some of the best interest rates when acquiring loans, as interest rates are dependent on your score. Additionally, you will have lower finance charges on your balances for credit cards and loans.<\/span><\/p>\n

         <\/p>\n

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        1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>Higher chances of approval for loans and credit cards<\/b><\/li>\n<\/ol>\n

          Although lenders consider other factors, like your income and debt, a high score raises your chances of having your loan and credit card applications approved.<\/span><\/p>\n

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          1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>Approval for higher limits<\/b><\/li>\n<\/ol>\n

            As much as your income level is crucial to getting bigger loan applications approved, a great score gives lenders the confidence to extend bigger loans to you, since you have shown you repay on time and in full, as agreed. To enjoy this advantage, you should work on improving your score if it is low by working with experts, who you can reach at<\/span> https:\/\/www.boostcredit101.com\/<\/span><\/a>.<\/span><\/p>\n

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            1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>More negotiation power<\/b><\/li>\n<\/ol>\n

              A great score offers you leverage to negotiate for better interest rates when applying for loans or credit cards. To tilt the negotiation in your favor, you can present other impressive offers from other lenders based on the strength of your credit rating.<\/span><\/p>\n

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              1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>Easily acquire apartments and rental premises \u00a0<\/b><\/li>\n<\/ol>\n

                Many landlords screen tenants using credit scores before approving their request for rental houses. Those with poor scores occasioned by unpaid rent balances or evictions stand lower chances of getting their applications approved. With a good score, landlords are more likely to approve your request to rent an apartment or houses, giving you less hassle and saving you time.<\/span><\/p>\n

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                1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>Minimizes demand for utility deposit<\/b><\/li>\n<\/ol>\n

                  With a good score, you won\u2019t have to pay utility deposits, or will pay small amounts when establishing the utilities, like electricity and water, or even when moving locations. You can save a substantial amount of money by avoiding deposits or paying minimal amounts.<\/span><\/p>\n

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                  1. <\/b> \u00a0\u00a0\u00a0\u00a0\u00a0<\/span>May make getting jobs easier<\/b><\/li>\n<\/ol>\n

                    Employers may review your credit report, of course with your permission, as part of the recruitment process. Some questionable things like late payments or bankruptcies may make the employer reconsider offering you the position in fear of financial issues diverting you from your job responsibilities.<\/span><\/p>\n

                    <\/b>10.
                    \n\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 You C\u043e-S\u0456gn a Bail B\u043end<\/b><\/span><\/span><\/p>\n

                    Another t\u0456m\u0435 \u0443\u043eur \u0441r\u0435d\u0456t \u0455\u0441\u043er\u0435 m\u0430\u0443 b\u0435 a f\u0430\u0441t\u043er is \u0456f \u0443\u043eu \u0441\u043e-\u0455\u0456gn a b\u0430\u0456l b\u043end agreement with another person. F\u043er \u043en\u0435 r\u0435\u0430\u0455\u043en \u043er \u0430n\u043eth\u0435r, the original applicant \u0441\u043euldn’t be \u0430\u0440\u0440r\u043ev\u0435d u\u0455\u0456ng h\u0456\u0455 or her own f\u0456n\u0430n\u0441\u0456\u0430l resources. A\u0455 a \u0441\u043e-\u0455\u0456gn\u0435r, \u0443\u043eu \u0430gr\u0435\u0435 t\u043e b\u0435 held liable f\u043er \u0440\u0430\u0443\u0456ng th\u0435 bond f\u0435\u0435 \u0456f the \u043er\u0456g\u0456n\u0430l \u0430\u0440\u0440l\u0456\u0441\u0430nt defaults \u043en th\u0435 \u0441\u043entr\u0430\u0441t. S\u043e th\u0435 \u0441\u043em\u0440\u0430n\u0443 wants to make sure \u0443\u043eu h\u0430v\u0435 a good history of paying your d\u0435bt\u0455. Services of a 24 hour bail bondsman<\/a> may be able to help you gain much more knowledge about this.<\/span><\/p>\n

                    Th\u0435 \u0455\u0430m\u0435 rules \u0430\u0440\u0440l\u0443 h\u0435r\u0435 as th\u0435\u0443 would if you w\u0435r\u0435 th\u0435 \u043er\u0456g\u0456n\u0430l \u0430\u0440\u0440l\u0456\u0441\u0430nt. Th\u0435 \u0441\u043em\u0440\u0430n\u0443 w\u0456ll \u0441h\u0435\u0441k your \u0455\u0441\u043er\u0435 \u0430nd employment h\u0456\u0455t\u043er\u0443 \u0430nd v\u0435r\u0456f\u0443 \u0443\u043eur residence and contact information. S\u0456n\u0441\u0435 there are mult\u0456\u0440l\u0435 \u0440\u0435\u043e\u0440l\u0435 \u043en th\u0435 l\u043e\u0430n \u0430\u0440\u0440l\u0456\u0441\u0430t\u0456\u043en wh\u043e \u0441\u0430n b\u0435 held r\u0435\u0455\u0440\u043en\u0455\u0456bl\u0435 for th\u0435 m\u043en\u0435\u0443 in case \u043ef a default, the company may n\u043et require \u0441\u043ell\u0430t\u0435r\u0430l \u0456f \u0443\u043eur score is less than \u0440\u0435rf\u0435\u0441t. H\u043ew\u0435v\u0435r, th\u0456\u0455 w\u0456ll l\u0456k\u0435l\u0443 depend on th\u0435 \u0430m\u043eunt \u043ef th\u0435 fee \u0430nd length of th\u0435 \u0441\u043entr\u0430\u0441t. If th\u0435 f\u0435\u0435 is high (\u0435.g., $10,000) or \u0456t will t\u0430k\u0435 a l\u043eng time to \u0440\u0430\u0443 th\u0435 fee off (e.g., a \u0443\u0435\u0430r), the company m\u0430\u0443 \u0430\u0455k f\u043er a \u0441\u0430r t\u0456tl\u0435 or other t\u0443\u0440\u0435 of \u0455\u0435\u0441ur\u0456t\u0443 ju\u0455t in case.<\/p>\n

                    11.\u00a0 \u00a0 \u00a0 \u00a0Better cell phone deals<\/b><\/p>\n

                    If you have a great credit score, you can get awesome cell phone deals that allow you to pay off your phone on a monthly basis with the option to upgrade again in a year\u2019s time. You also may not have to pay such a huge down payment in comparison to those with poor credit scores.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

                    You may be aware that having great credit is important, mostly to help you easily access loans of all sorts … <\/p>\n

                    Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3063],"tags":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p6w1sx-1ca0","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/285076"}],"collection":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/comments?post=285076"}],"version-history":[{"count":7,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/285076\/revisions"}],"predecessor-version":[{"id":290956,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/posts\/285076\/revisions\/290956"}],"wp:attachment":[{"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/media?parent=285076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/categories?post=285076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerianfinder.com\/wp-json\/wp\/v2\/tags?post=285076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}