This scenario can happen easily with low minimum payments and promotional financing offers stretched over long periods of time. (upgradedpoints.com)
Under these programs, the bank may reduce your interest rate, waive fees and let you make lower minimum payments, giving you a chance to start making payments on time again. (creditcards.com)
Don't think your credit card issuer is doing you a favor by keeping low your minimum payment. (mymoneycounselor.com)