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Natali [406]
2 years ago
6

What does making a credit card minimum payment mean?

Business
1 answer:
Shkiper50 [21]2 years ago
5 0

Credit card terms require you to pay at least the minimum payment by the date pointed out every month. This payment is the lowest amount you can pay on your credit card to avoid penalties. Minimum payments are usually a percentage of your outstanding balance.

Hope this helps.

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