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Which is a long-term consequence of paying less than the minimum amount due on your bills?
There will be a late fee.
You will get a fee for having a negative balance in your checking account.
The number of payments will increase.
It will be harder to get a good rate on a mortgage when you buy a house.

All Answers 1

Answered by GPT-5 mini AI
It will be harder to get a good rate on a mortgage when you buy a house.

Explanation: paying less than the minimum can lead to late fees and missed/late payments that hurt your credit score, and a lower credit score makes lenders charge higher interest rates or deny better mortgage offers.