Sentence examples for minimum payment is from inspiring English sources

Although very few of our customers get into this position, the impact of a customer not making the minimum payment is covered within our terms and conditions".

From the Department of Perverse Outcomes: requiring credit-card companies to tell customers what their minimum payment is, makes many people pay less each month than they otherwise would, which in the long run forces them to pay much more in interest.

The idea of tips being a part of a minimum payment isn't a concept just invented by these venture-fueled tech startups.

Do whatever you can to make sure that your bills are paid in full and on time (or in the case of credit cards, make sure that the minimum payment is paid in full and on time).

Similarly, with a credit card, teaching kids that leaving a balance month-to-month, even if the minimum payment is made, means that interest is incurred and "the purchases you made in the prior month are going to be much more expensive". Additionally, annual fees on certain bank accounts and credit cards can also be easy to miss.

The minimum payment was reduced by $85 million, to $505 million.

Tellingly, a different picture emerged in those London councils where the minimum payment was increased last year (for example, Barnet from 8.5%to20%0%; Barking and Dagenham from 10%to25%5%, and Waltham Forest 10%to25%5%): here the number of households receiving a court summons doubled; referrals to bailiffs went up 50%; and collection rates fell.

(This often happens when consumers get a low promotional rate for, say, a balance transfer. However, they are charged a higher rate for purchases and potentially a third rate for cash advances). The proposed rule demands that any amount over the minimum payment be either allocated among all outstanding balances or allocated to the highest-cost debt.

Information on how your balance and variable rates and your minimum payment are calculated.

So, if your Debt-Killing-Factor was $40 and the minimum payment was $60, you now have a new debt-killing-factor of $100.

The insistence on minimum payments is a variation on this theme.