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Quick calculation needed please..

ferry
ferry Posts: 2,014 Forumite
Part of the Furniture 500 Posts Name Dropper
Apologies for springing this on you..but could anyone plase tell me what the minimum payment would be on CC with a 5K balance on 16.9% APR...

Cheers
:j

Comments

  • newlywed
    newlywed Posts: 8,255 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Depends on what they say your minimum % payable is?

    One of mine is 2.5% one is 4%. You'll need to check.
    working on clearing the clutterDo I want the stuff or the space?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    it depends upon the card ..some demand 2%, some demand 3% , some say interest plus £5 etc.
    what does yours say?
  • ferry
    ferry Posts: 2,014 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Hi Guys
    Sorry to be so vague-at work at the mo and not supposed to be on the net!

    Not sure,but can you base it on 3%,please..
    Thanks again
    :j
  • jamalfatty
    jamalfatty Posts: 960 Forumite
    ferry wrote: »
    Hi Guys
    Sorry to be so vague-at work at the mo and not supposed to be on the net!

    Not sure,but can you base it on 3%,please..
    Thanks again

    Surely you can work 3% of £5000 out yourself?!!
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