Respuesta :

Answer:

People with an excellent credit score get loan at a low rate of interest as compared to the people with good credit score.

Explanation:

A credit score helps to predict whether someone is eligible for a new loan, credit card or not.

Someone with a good credit score is more eligible for financial products and can compare different lenders for loan options. However, he might not get the best options to choose from.

Someone with an excellent credit score can not be denied by any lender as they are most trustworthy. They get a loan at a very low rate of interest and get many options while choosing repayment periods or other terms.