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TAG | Minimum Payment

Janie asked:

I reached my credit limit months ago, but every month I make sure to pay at least my minimum payment. I thought that making at least my minimum payment would help me avoid paying interest. I even have automatic payments setup so I’m aways on time. But I recently found that a finance charge was deducted from my account. How do I avoid another?

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    clnelson22 asked:


    We have some credit cards with high interest rates and we can’t afford to pay more than the minimum payment because the interest is so high.

    credit card debt settlement

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