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Samoon · August 10th, 2007, 01:49 PM

Better yet? Do not just send, "minimum payment due." For what you did not pay? Will be reflected on the next billing cycle. If they want $150 bucks, double it--then pay off as quickly as possible so that your FICO score will not be affected. Many individuals will pay only the minimum amount due on their monthly statement. You will end up shelling out more money over a longer period of time because of the interest that's tacked on to the balance with each forth-coming month.

August 10th, 2007, 01:49 PM	#3 (permalink)
Samoon Afro Resident Join Date: Jan 2005 Location: Omni-present Gender: Posts: 2,632 Thanks: 389 Thanked 503 Times in 324 Posts Rep Power: 86 Credits: 31,600	Better yet? Do not just send, "minimum payment due." For what you did not pay? Will be reflected on the next billing cycle. If they want $150 bucks, double it--then pay off as quickly as possible so that your FICO score will not be affected. Many individuals will pay only the minimum amount due on their monthly statement. You will end up shelling out more money over a longer period of time because of the interest that's tacked on to the balance with each forth-coming month. Last edited by Samoon : August 10th, 2007 at 05:36 PM.