Question

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.

Answer 1

A

Explanation:

Answer 2

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.