What is the best way to make minimum payments?
Date: Mon, 06/29/2020 - 18:09
You can divide the minimum
You can divide the minimum payments in 4 parts and pay the amount each week. As long as you pay the total amount, it's fine. Not an issue. The best part is you have to pay less interest every week. If nothing else, it will give you a psychological boost.
Yes, the plan is good. Just
Yes, the plan is good. Just create a budget and set aside the money. It will be easiler to arrange the minimum monthly payments.
Hi Rusel! Why do you want to
Hi Rusel! Why do you want to make minimum payments? By making minimum payments you are just stretching your debt an you will end up paying more interest than you otherwise would!
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