A possible benefit of having a good credit history is low interest rate on a car loan. Thus, the option B is the correct answer.
What is credit history?
A credit history is a record of a person's past credit management, including the total amount of debt, the number of outstanding loans, and how timely the payment has been made.
When there is good credit history, it means there will be more options available on borrowing funds, it also helps to lower the interest rate on home and car loan due to timely payment.
Therefore, option B low interest rate on a car loan is the appropriate answer.
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