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| Name | How Are Credit Card Minimum Payments Calculated? – Credit Card Insider |
| Video Uploader | Video From Credit Card Insider |
| Upload Date | This Video Uploaded At 06-07-2015 12:49:02 |
| Video Discription | Today's question is: How Are Credit Card Minimum Payments Calculated? Ask us your credit questions in the comments and find your next card at https://www.creditcardinsider.com/ Each month that you carry a balance, a minimum payment will be required from your credit card issuer. This is usually 2% or 3% of your total balance, but many issuers also have a requirement that you pay at least $25 or $35 each month. There may be certain occasions, however, where your minimum payment could go up drastically. Every week, John Ulzheimer answers YOUR credit questions. Email us, give us a call, or ask on live chat, and we may answer your question on YouTube! To learn about credit scores, credit reports, managing debt, and how credit cards work, check out our learn section at https://www.creditcardinsider.com/learn/ If you're looking for a credit card, start your search at https://www.creditcardinsider.com/credit-cards/ Join our community! https://plus.google.com/+Creditcardinsider https://twitter.com/cardinsider https://www.facebook.com/CreditCardInsider https://www.creditcardinsider.com |
| Category | Education |
| Tags | Credit Card Insider | credit cards | credit cards explained | credit cards for dummies | credit card basics | credit card minimum payments | credit card fees | raise minimum payments | issuers set payments | 2% of credit limit | 3% of credit limit | paying for credit card | pay credit card balance | not pay credit balance | Credit Card (Industry) |
