If you do not pay back money you have borrowed, several things can happen:

A. You can be charged penalties and fees: This is true. If you fail to pay back the money you owe on time, the lender can charge you with late fees and penalties. This will increase the amount you owe.

B. You can ignore late payment notices: This is not advisable. Ignoring late payment notices will not make the problem go away. In fact, it can lead to more serious consequences, such as a lawsuit or a hit on your credit score.

C. You can be offered more credit: This is unlikely. If you're not paying back your current debts, lenders will see you as a risk and are less likely to extend more credit to you.

D. You can get an increase in your credit: This is also unlikely. Not paying back borrowed money will negatively impact your credit score, not increase it. Lenders look at your repayment history when deciding whether to give you credit and at what interest rate. If they see you have not been repaying your debts, they will consider you a high-risk borrower and are likely to deny you credit or charge you a higher interest rate.

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If you do not pay back money you have borrowed, several things can happen:

A. You can be charged penalties and fees: This is true. If you fail to pay back the money you owe on time, the lender can charge you with late fees and penalties. This will increase the amount you owe.

B. You can ignore late payment notices: This is not advisable. Ignoring late payment notices will not make the problem go away. In fact, it can lead to more serious consequences, such as a lawsuit or a hit on your credit score.

C. You can be offered more credit: This is unlikely. If you're not paying back your current debts, lenders will see you as a risk and are less likely to extend more credit to you.

D. You can get an increase in your credit: This is also unlikely. Not paying back borrowed money will negatively impact your credit score, not increase it. Lenders look at your repayment history when deciding whether to give you credit and at what interest rate. If they see you have not been repaying your debts, they will consider you a high-risk borrower and are likely to deny you credit or charge you a higher interest rate.

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If you do not pay back money you have borrowed, several things can happen:

A. You can be charged penalties and fees: This is true. If you fail to pay back the money you owe on time, the lender can charge you with late fees and penalties. This will increase the amount you owe.

B. You can ignore late payment notices: This is not advisable. Ignoring late payment notices will not make the problem go away. In fact, it can lead to more serious consequences, such as a lawsuit or a hit on your credit score.

C. You can be offered more credit: This is unlikely. If you're not paying back your current debts, lenders will see you as a risk and are less likely to extend more credit to you.

D. You can get an increase in your credit: This is also unlikely. Not paying back borrowed money will negatively impact your credit score, not increase it. Lenders look at your repayment history when deciding whether to give you credit and at what interest rate. If they see you have not been repaying your debts, they will consider you a high-risk borrower and are likely to deny you credit or charge you a higher interest rate.

What can happen if you do not pay back money you have borrowed?A.You can be charged penalties and fees.B.You can ignore late payment notices.C.You can be offered more credit.D.You can get an increase in your credit.SUBMITarrow_backPREVIOUS

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