We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Today's Math Problem?
Comments
-
What's the minimum payment?0
-
What is your real question or statement/warning? (Which continent do you identify with?)If you only pay the minimum on your credit card and the rate is over 17%. If your balance is £1,000, how close to bankruptcy are you?1 -
If you're earning and/or have assets, not at all close.If you only pay the minimum on your credit card and the rate is over 17%. If your balance is £1,000, how close to bankruptcy are you?
If you've no income and less than £1000 in assets, very close.
Not sure there's any maths in this though.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards
