1. Cardholders are required to make a minimum payment each month. 2. However, it is probable that under the common law a minimum payment clause stipulating for future rental payments would be void. 3. Also, try to pay more than minimum payment on your credit cards. 4. Always make at least the minimum payment on all cards to avoid penalties. 5. As the debt piled on, she had to take a second job to meet the monthly minimum payments. 6. Be sure to make any minimum payments during your protest period. 7. Because many students want to make only the minimum payments, parents should show them how long it would take to pay off the debt. 8. Because many students work part time and for minimum wage, making minimum payments can be hard. 9. Both credit card companies and home equity lenders have reduced their required minimum monthly payments to discourage customers from paying off their loans, Sohn said. 10. A credit user frequently carries a balance from month to month, or pays the minimum payment or part of the total bill at the end of the month. |