Studio Minimum payment

Grey's_Anatomyfan643

Hi,

I need some advice, I have just got my 1st statement of my Studio personal credit and it states my Minimum payment of £10.00 needs to reach my account by 5th February, but I will be making a payment this Friday, however if I wish to pay more then the Minimum amount could I? I am going to pay £15.00 or would this be not allowed?

Sorry I just to make sure as this is my first statement and I don't want to mess it up plus I don't know how these online catalogues work as I never had one before.

Any advice would be great thanks

Ben8282

You can pay as much as you want. The more you pay the less interest you will pay. I am guessing that this catalog account has a very high APR so the more you pay the better.

Sncjw

Can you pay the whole thing off

Grey's_Anatomyfan643

Sncjw wrote: »

Can you pay the whole thing off

No, unfortunately not at this moment in time as I am only on Universal Credit till I get into employment.