I got into an accident or more of a fender bender, how likely is it that something bad will come of it?

It was my fault, the light turned green and I didn't see that a car a few cars in front of me stopped for a pedestrian because they wanted to turn. By the time I hit my brakes it was too late and I went into the SUV in front of me. There was no visible damage to either vehicle, but we did exchange information. What's going to happen now?