Question

How can missing a credit card or another loan payment affect you in a long term

Answer 1

Answer:

There are three main ways a late or missed payment can impact you financially: You can be charged late payment fees. You may face having the interest rate on your card raised to the penalty rate. Your late payment may be added to your credit history and can end up affecting your credit score.

Explanation:

I hope that helps you

Answer 2

Answer:

someone can steal your card and use your money and a loan you can get you in debt

Explanation:

someone can hack and use your information to get your money

and a loan payment can get you into debt if you dont pay it you can get in a lot of trouble