2
QuizMultiple Choice

Financial Responsibility

Question 2 • 2027 Ignite Financial Literacy-Personal Finance - EL3403

Which is a long-term consequence of making late payments on your bills?

Answer
A
It will be harder to secure a new loan at a low rate.
B
The balance in your checking account will be negative.
C
There will be a late fee.
D
The number of payments will increase.
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