What happens if you only make the minimum payment on your credit card statement?

asked Jun 2, 2021 122k views

0 votes

by Mpj

8.3k points

Please log in or register to add a comment.

4 votes

Offering only the minimum payment keeps you in debt longer and racks up interest charges. It can also put your credit score at risk.

Jbosch answered Jun 6, 2021

8.1k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers