Комментарии:
Can I make a payment before my due date?
ОтветитьNo idea if you'll see this, but I'm having some trouble...
I'm looking to spend at least $210 and my credit limit is $500.
If I only use $210, do I need to pay back the full $500 before the due date or do I just pay back the $210?
You are the best man
ОтветитьWhat happens to my credit if i cant make the payment one month?
ОтветитьWhat about paying the minimum with money from credit card?
Ответитьbro, thank you!
ОтветитьWhat happens if i only pay min amount fue
ОтветитьI watched the whole video
ОтветитьI always try to pay my card in full at the end of the month If I can't I usually pay in big chunks per example if my balance is 1000 I go 4 payment of 250$ this way I would pay it faster and lower the risk of paying too much interest.
Ответитьso what if i pay 15% of my balance instead of 30% ,with the 5000 balance would that make that minium $25 -$125
ОтветитьI’m trying to lower my monthly payment due on my cc.
I owe about $8600 snd
Citi bank is asking for $343.
I can maybe make $250.
I can I negotiate this ?
Thanks
Helpful ❤
ОтветитьThank you
ОтветитьThanks for the info!
ОтветитьI have a question. It says my minimum payment of $25 is due on 07/21. And it says my last statement balance is $271.30, but so far I’ve used $390.82 of my $2,000 credit. I have the money to pay in full but I’m not sure weather i should just way for the minimum pay due date or if I should just pay in full right now. I also have autopay on but I’m not sure how much it of my whole fees it pays ( if it only pays the minimum payment due or the whole thing)
ОтветитьI have a statement balance but not a minimum payment
ОтветитьIf you have good credit just do balance transfer for 18 months free 0% APR
ОтветитьWhat if u pay a late minimum payment like my minimum payment is on the 22 I literally have nothing right now what if I pay it 2 days later how bad is that on my credit or what’s the negatives
ОтветитьI’ve had people tell me that paying a bit more than the minimum is best and better than paying in full, I’m at a crossroads and I’m just starting with a 300 credit line
ОтветитьOkay but my question is when I go to make the minimum purchase if I just tap other purchase and pay more than 10% do I have to click on the minimum purchase option to get the date erased on my card or can I just click other payment option and then pay more than what I am asked to pay and that would count for my date I'm waiting I was supposed to pay
ОтветитьVery nice explanation! I would still need clarification about the formula they use. Is it
(Annual Rate)x Balance /12?
We know this, but this confirms it! Unfortunately, I lost my job and had to use credit cards sucks! Credit cards can save you. I really thank all of them.
does 0% APR credit cards has any minimum payment for that specific where company is changing 0 interest?
ОтветитьWhat about the billing cycle using your credit card let's say after February's billing cycle has posted and the balance is more now but February is paid for and the remaining balance hasn't posted yet
ОтветитьSo if I pay the minimum will my available balance reset
ОтветитьI had a current balance of 545 for the month of December paid it off in full at the end of the month , this month i paid 148$ in full , I realized i had a statement balance of 545? How could that be if i paid that balance in full for the month of December ? Anything im missing doing wrong? I called my bank and was told i dont owe anything but i still see the statement balance?
Ответитьhonestly the minimum payment amount doesnt matter whether it increases or decreases , as long as you pay the full amount every month on time or early before the due date ( choice) then youll be fine
Ответить🫤 All 3 of my credit cards are maxed out. I am trying to pay the minimum payments price weekly to help pay all of them down.
ОтветитьFor those who think people already know this, there wouldn’t be $925 billion in credit card debt as reported by Forbes on November 29, 2022. I just had my young cousin to watch his video because she was approved for her first credit card. I told her treat your credit card like a debit card . . . DON’T use the card unless you have the cash to pay off your balance before the due date!
ОтветитьI agree you should always make your minimum payment but that being said you should pay in full if if you can comfortably. Remember to use your credit card they got to make money too sometimes so there's no shame in pain your minimum plus your interest your card will eventually trickle down yeah you're paying interest on that credit card but remember you have the privilege and access to that money that's the whole point of having a credit card
ОтветитьSo if I only pay the minimum payment does this interest accrue each day or is this per month when the statement is due?
Ответитьgot approved for $6000 thank you so much ALERTINVESTMENT for your wisdom I appreciate all the greet advice can't wait to see my credit score soar higher higher by following your steps 💯💯💯
Ответитьgot approved for $6000 thank you so much ALERTINVESTMENT for your wisdom I appreciate all the greet advice can't wait to see my credit score soar higher higher by following your steps 💯💯💯
Ответитьi just got a credit card and im still getting used to how it works, im still a teenager lol. but i have like 2 questions to get a good understanding. i have a $500 credit limit, how much of that should be used? i was told around 15% which is like $100-$150. and 2- when i receive my statement, im told to pay the minimum by a certain date, so lets say i have $90 as a new balance but i have to pay like $25 as a the minimum payment, should i pay the $90 in full before the expected date or just the minimum??
ОтветитьHey buddy! Such a great video ,straight to the point and valuable information. Could you help me with an important question please. For a few years now I've been paying my credit card in full months after months a week before due date, my credit score is excellent, but I am currently struggling financially and am able to only pay 1/3 or so of my total amount. It will be more than my minimum due balance, but I'm still afraid since its not the full amount that I am accustomed to paying that it will negatively impact my credit score. Is this the case?
ОтветитьThank you so much you really helped me
ОтветитьThank you. This video is really simple and informative. :) Keep up the good work
ОтветитьIs it possible to pay only minimum for the rest of your life until you die? What I mean is, if you die, then balance on Credit card will be essentially paid.
ОтветитьHi, how about paying 50%, on your CC balance? Is that good enough?
ОтветитьThank you for explaining everything in this video. Just got my credit card this year and I was very confused because my minimum payment every month goes up high. Thank you for sharing this knowledge now I'm going to stop using my credit card until I paid it off. I'm thinking about cancelling it.
ОтветитьHey I pay my credit card in FULL every single time. But I can only make the minimum payment this month and will be able to go right back to paying in full after this month. Is this bad? I really don’t want to mess up my credit! Plz responds. Please and thank you.
ОтветитьGreat Video!
ОтветитьRemember a perfect credit score 800-850 doesn’t mean anything if you don’t have the payment history to back it.
ОтветитьDo not look at the minimum payment. Instead look at the statement balance. Minimum payments are for losers. Paying your statement balance is the secret to using your credit card. If you can’t pay your statement balance you are spending too much then the word money is the root of evil comes to mind.
Be careful. This is were people are scared of credit cards. Interest are monsters.
Question, what if I paid the minimum payment for now, then I paid it whole (total amount due) before the next due date arrives... will I be charged for interest? how big will the interest be? Thanks.
ОтветитьI thought he had a durag on 🤣💀
ОтветитьDoes paying minimum affect your credit score ?
ОтветитьI just got my credit card and there was a promotion that there will be no interest on the card for 12 months. Taking full advantage of that to pay off some expensive items I’ve purchased, but making sure I’m still in the habit of paying a little above the minimum when I have too. Great info to remember tho 👌🏻.
ОтветитьThanks for doing this video and clearly explaining the concept of minimum payment. I have struggled to understand this.
ОтветитьWhat if you get a new cc with 0% apr and you pay the min just so they report 100% payment history still
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