Question

Making late payments on credit card bills has what kind of effect on a person's credit score?

a
Late payments have a negative effect on a person's credit score.
b
Late payments have a positive effect on a person's credit score.
c
Late payments do not affect a person's credit score.

Answer 1

A late payments have a negative effect on a persons credit score

Explanation:

A credit score is basically the trust banks have with you or the potentiality that you will pay them back. Making late payments will obviously lower the banks reliability on you to pay your bill ontime and in full.

Answer 2

A. Late payments have a negative effect on a person's credit score.

Explanation:

Hope this Helps!