Question:
Which is a short-term consequence of making a late payment on your bill?
A. It will be harder to buy a house because it affects your credit history.
B. There 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.
Answer:
B. There will be a late fee added to the bill.
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