Ask Question
27 August, 18:25

What is likely to happen if a borrower misses a payment on a credit card account?

+5
Answers (2)
  1. 27 August, 18:46
    0
    The borrower will get a late fee for not paying on the due date.
  2. 27 August, 18:47
    0
    The borrower will get a late fee and possibly a higher interest rate
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is likely to happen if a borrower misses a payment on a credit card account? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers