My daughters are now just about through college and have a small balance left on my home mortgage. (jrcinsurancegroup.com)
Normally, consumers only need to worry about interest charges coming from any statement balance left unpaid past a grace period. (valuepenguin.com)
Paying the minimum means there's still significant balance left in your account, affecting your rate of credit utilization and ultimately reducing your credit score. (kingofkash.com)