Here's what happens if you only pay the minimum due on your credit card bill, and steps to take if you're having trouble paying your statement in full.
It can be tempting to just pay that small minimum amount due on your credit card bill, but doing so can end up being really expensive.
Experts recommend you pay the statement balance in full every month, but there are times when that may not be possible. In those cases, it's important to make at least the minimum payment so your account stays current and you don't incur any late fees or penalty APRs.reviews what happens if you only pay the minimum due and steps you can take if you're having trouble paying your statement in full.
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