Sentence examples for below the minimum repayment from inspiring English sources

Graduates will not repay loans if their salary is below the minimum repayment threshold, which is about $53,000.

Having it set up to cover the minimum repayment each month will mean you avoid late payment charges costing an average of £12, but at the same time, relying on only the minimum repayments is expensive.

But in the long run deficit financing is the equivalent of a private individual getting a new credit card and making the minimum repayment every month.

"It is easy to fall into the dangerous trap of paying off only the minimum repayment amount allowed," says Kevin Mountford, head of banking at price comparison site Moneysupermarket.com.

Make at least the minimum repayment every month to avoid penalties (if you have a zero per cent introductory deal, you will lose the interest-free status).

When my statement arrived, it said I was to be charged £12 for not meeting the minimum repayment on the card.

But some lenders suggest that rolling over a loan, for example, for another month was similar to paying the minimum repayment on a credit card demand.

The repayment terms are modified to eliminate the minimum repayment period of ten years and to reduce the maximum grace period from seven to five years.

Between the plastic and my Greece-sized overdraft I'm already forking out a third of my take-home pay to keep up with the minimum repayments.

Store cards are typically more expensive than credit cards and overdrafts so you will usually need to pay these off first but don't forget you still need to make at least the minimum repayments on your other debts.

Once you have a grip on any debt problems, you need to pay above the prescribed minimum repayment each month because the quicker you repay, the less that debt costs overall.