Credit Card payments

3 Posts

in Credit cards
Hi All,
I hope you are well.
If I pay the more than the minimum will my minimum go up next month? or down? My CC is 1% of the balance and 19% APR.
I hope you are well.
If I pay the more than the minimum will my minimum go up next month? or down? My CC is 1% of the balance and 19% APR.
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Pay as much as you can over the minimum amount, preferably clear the thing. Otherwise as Ebe says, you'll continue paying interest. Aim to clear it as fast as you can.