199k views
5 votes
What will happen if Jonathan is habitually late on loan payments?

He will be more likely to get future loans
He will have a high credit score
His credit limit will be increased
His credit score will suffer

2 Answers

6 votes

His credit score will suffer

User Sam Borick
by
7.9k points
4 votes
Not paying loan payments on time is likely to hurt a person's credit score.
Therefore, the last option is correct.
User Taapo
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories