Tag: minimum

• Chapter 25: Minimum Payments

  

  Generosity or Genius? Minimum payments are a great way for your credit card company to make money. The longer it takes you to pay them back, the more they can charge you in interest. For perspective, sometimes a minimum payment only covers the interest charge and will probably scrape very minimal off the principal balance.…

  Pablo

  October 29, 2023

  Credit

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