2007-09-05 09:48:47 · 3 answers · asked by Anonymous in Business & Finance ➔ Credit
I pay 100%, too.
If you are asking what percentage the minimum payment is, it's typically the interest plus 2% of the balance. This varies from one card to the next.
Paying minimum balances is the fastest way to get buried in debt. It takes 20 years to pay back at just the minimum. Of course, if you continue to charge, you never pay it off.
2007-09-05 10:04:01 · answer #1 · answered by bdancer222 7 · 1⤊ 0⤋
I pay 100% of my bill back each month....but it varies...some people only pay the minimum payment which could be only like $10 dollars ...and before you know it you are in debt. Pay as much as you possibly can.
2007-09-05 16:54:22 · answer #2 · answered by Megz 6 · 1⤊ 0⤋
This veries by each person.
I pay 100% every month, never pay interest.
2007-09-05 16:55:30 · answer #3 · answered by ? 7 · 1⤊ 0⤋