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.
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 is actually quite simple. Any amount that you pay that exceeds the finance charges and any fees included within that minimum payment goes toward the principal. In addition, 100% of the overpayment goes toward the principal balance. In other words, if you make just the minimum payment, a few bucks might go toward the principal balance. If you pay $20 above the minimum payment, all of that $20 plus a few bucks from the minimum payment go toward the principal balance. All of the overpayment goes toward principal. You can also look at the minimum payment calculation to determine how much of the minimum payment goes toward principal.
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 word minimum means the biggest tooter/farter in the world
the payment is not a duplicate of a previous payment
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
Because you owe them one minimum payment at the time of the invoice.
It's a payment term meaning: payment due 30 days from the end of the month in which the invoice is raised.
Friday will be a minimum day for the students. The minimum payment was $50.00
the funds are appropriated for payment