What consequences do borrowers face if they miss many payments? check all that apply. difficulty getting loans garnished wages elimination of all credit lost collateral compounded late fees

[A, B, D] Difficulty getting loans, garnished wages, and lost collateral.

Explanation:

There are three consequences that borrowers face if they were to miss payments.

The first is difficulty getting loans. This is due to a bad credit score. You can get a bad credit score by not paying your credit card fees on a monthly basis.

The second is garnished wages. This occurs when a portion of your income is set aside and unable for your own use.

The third is lost collateral. You can lose collateral if you fail to repay what you borrowed.

tbh idk same thing here

you so !