That is the smallest possible periodic payment to a creditor that is necessary to keep the credit account in good standing.
It's called minimum payment for a reason.. and that reason is that you don't have to pay you're full balance.. but you have to pay the minimum payment. NOTHING LESS
Because you owe them one minimum payment at the time of the invoice.
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised. It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
It all depends on the rate from the company, and the required minimum payment. This site should help you: http://www.bankrate.com/calculators/managing-debt/minimum-payment-calculator.aspx
It's called minimum payment for a reason.. and that reason is that you don't have to pay you're full balance.. but you have to pay the minimum payment. NOTHING LESS
what is immediate mean
the payment is not a duplicate of a previous payment
the word minimum means the biggest tooter/farter in the world
Lol mean laugh out loud that it mean
Minimum payments are a percentage of your current balance. As your balance lowers, so does your minimum payment amount. For a specific equation on how the minimum payment is calculated, contact Amex directly.
$1150.00 X 3% = $34.50 minimum payment or $1150.00 X .03 = $34.50 minimum payment
net 30 MF
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
Because you owe them one minimum payment at the time of the invoice.
Friday will be a minimum day for the students. The minimum payment was $50.00
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.