The smallest amount which can be paid on a revolving charge account to avoid a penalty.
Related information about minimum payment:
- The true cost of paying the minimum - Bankrate.com
How is your minimum payment calculated? Interest + 1% of balance, 2%, 2.08%, 2.5%, 2.78%, 3.0%, 3.5%, 4%, 4.5%, 5%. Your minimum payment: $. What fixed ...
- Minimum Payment Definition
The minimum payment is the minimum amount a credit card holder is required to repay each billing period on an open balance. A card holder can make a ...
- Should I Only Pay the Minimum Payment on My Credit Cards?
When it comes time to pay off your credit cards, you are going to need to get aggressive in the amount you pay each month. The minimum payment amount is ...
- Credit Card Minimum Payment Calculator
Credit Card Minimum Payment Calculator, Palm Springs, Cathedral City, Palm Desert, La Quinta, Desert Hot Springs, Indio, Thermal, Thousand Palms, Rancho ...
- Don't Get Sucked Into the Minimum Payment Trap ...
Dec 5, 2006 ... Credit card companies LOVE the minimum payment. Why? Because a customer who pays the minimum payment on their credit card bill will ...
- Minimum Payment Calculator
Making minimum payments can keep you longer in debt and cost thousands. Find out why avoiding the minimum payment can get you out debt faster.
- Credit Cards and the Minimum Payment - Don't Fall For It
Credit cards make it easy to spend more than you should with low minimum payments. Falling into this trap can mean it will take an eternity to pay the balance.
- Minimum payment - Credit Card Terms and Glossary
Minimum payment definition: The minimum payment is the lowest amount of money that you are required to pay ...