Sentences with phrase «greater than your minimum monthly payment»

The benefit to having credit cards is that you can determine how much you spend using them, then decide how much you wish to pay back each month, as long as that amount is equal to or greater than the minimum monthly payment due.

Not exact matches

So, to ensure that each payment includes interest plus some portion of the principal, the minimum payment is defined as a percentage that is greater than the monthly interest rate.

This way, more of your minimum monthly payment is going towards the principal amount rather than just interest, which will help you make a greater dent in your dues.

Must have a monthly minimum payment on said loans that is greater than ten percent of the AGI of the individual

I make monthly payments that are greater than the minimum.