Which is a long-term consequence of making late payments on your bills? It will be harder to secure a new loan at a low rate. The balance in your checking account will be negative. There will be a late fee. The number of payments will increase.

Question

Declan Benson

Mathematics

30 September, 04:41

Which is a long-term consequence of making late payments on your bills? It will be harder to secure a new loan at a low rate. The balance in your checking account will be negative. There will be a late fee. The number of payments will increase.

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Brynn Whitney · Answer 1

I believe the correct answer from the choices listed above is the first option. A long term consequence of making late payments on your bills would be that it will be harder to secure a new loan at a low rate because of the record you have.

Hope this answers the question. Have a nice day.