Which is a long-term consequence of paying less than the minimum amount due on your bills?

Paying less than the minimum due can be reported as a late or missed payment, which may hurt your credit history and lower your credit score. A lower score can make it harder to qualify for a mortgage or get a good interest rate when you buy a house. A late fee may also happen, but it is a more immediate consequence, not the long-term one asked about.

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