Sentences with phrase «minimum payments on one's credit card debt»

Making minimum payments on credit card debt can keep you paying for many years.

Here is an example of how much more you would pay just making minimum payments on your credit card debt:

If $ 400 of your monthly debt payments go to a car loan, a student loan and minimum payments on your credit card debt, you would have $ 1,300 to spend for housing.

Not advisable to seek a balance transfer card is to meet the minimum payments on your credit card debt, there lies a more significant problem in the form of overspending or lack of earnings on your end.

If you're really worried about meeting your debt obligations then consider making only the minimum payment on your credit card debt, starting now.

While it may be tempting to just make the minimum payments on your credit card debt, it's actually much more harmful in the long - run because only part of the payment you make goes towards the actual principal.

Others toss the envelopes aside, waiting until the last minute and even then, just make a minimum payment on their credit card debt.

If you are making only the minimum payments on your credit card debt, or worse, if you have missed payments, your credit score is going to head in the wrong direction.