Why Is It So Important That You Make All of Your

Multiple Choice

Why is it so important that you make all of your credit and loan payments on time?

A) Late payment history lasts 7 years on your credit file.
B) The lender will be annoyed and not extend additional credit to you.
C) Late payment history lasts 10 years on your credit file.
D) Paying your credit cards and loans late can lead to bankruptcy.