Sentence examples for 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.

However, any minimum repayment would need to ensure it did not hurt disadvantaged or vulnerable consumers or push them towards riskier borrowing such as payday lending.

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

Lenders also have ploys to ensure you pay as much in interest and charges as possible, such as small minimum repayment levels, and charges for late payment.

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.

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).

"Minimum repayments make a massive difference to what consumers pay," says Andrew Hagger from financial information service Moneynet.co.uk.

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.

The Turnbull government faces calls for credit card users to be able to switch providers more easily, and for minimum repayments to be set.

As for raising minimum repayments, this addresses a real concern, as major providers such as Capital One, Halifax and MBNA have recently reduced minimum repayments which, they say, helps hard-pressed consumers, but in the long run could earn them a fortune.

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.