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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
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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

User Ebrahim Moshaya
by
8.3k points

2 Answers

6 votes

His credit score will suffer

User Sam Borick
by
8.1k 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
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8.0k points
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