Question

Which is a short-term consequence of making a late payment on your bill? it will be harder to buy a house because it affects your credit history. there will be a late fee added to the bill. it will be harder to secure a new loan at a low rate. the bank will charge a fee for having a negative balance.

Answer 1

There will be a late fee added to the bill as a short-term consequence of making a late payment on your bill. Option B is correct.

What is the late payment?

A late payment is a payment sent to a lender or service provider after the due date or after the grace period for the payment has expired.

The consequence of making a late payment on your bill is;

A-it will be harder to buy a house because it affects your credit history.

B-here will be a late fee added to the bill

C-it will be harder to secure a new loan at a low rate

D- The bank will charge a fee for having a negative balance

All the given options are the consequence of making a late payment on your bill. But the options A, C, and D are the long-term consequences. While option B is a long-term consequence.

There will be a late fee added to the bill as a short-term consequence of making a late payment on your bill.

Hence option B is correct.

To learn more about the late payment refer to the link;

brainly.com/question/23509549

Answer 2

B - there will be a late fee added to the bill