Sure, the number is low and the minimal payment seems super friendly»cause the banks seemingly let you off the full financial hook each month, but paying just the minimum monthly payment isn't doing you ANY favors (or favours if you're a Canuck). (squawkfox.com)
Parents may find themselves on the financial hook for their children's actions even when Ohio's parental responsibility laws do not apply. (freerangekids.com)
It also voids existing consumer protections, putting consumers on the financial hook for illnesses. (petproductnews.com)