Question

All of the following are potential consequence of not paying debts on time EXCEPT

Answer 1

I believe that the answer is B  

Answer 2

Answer:

B: an increase in credit limits is the correct answer.

Explanation:

A poor credit score and A fine or fees are potential consequence of not paying debts on time.

An increase in credit limits is not potential consequence of not paying debts on time.

If you do not pay your debt on time, you may face the following consequences:

• higher interest rates on later loans.

• your card may get stopped.

• loads of charges.

• acquire losses on your credit score.
• The banker must accuse you and procure a court decision before it can get your salaries or resources to make paid.