Sentence examples for minimum repayments from inspiring English sources

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

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

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.

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.

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.

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

Unique told people the diplomas were free, so long as they earned less than the minimum repayment amount.

"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.

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).