Capital one balance and monthly payment...

Question

right now my balance is 299.30. i just made a payment of $20 today. my minimum payment was $15. will that continue to be the minimum payment amount every month or will it chance depending on my balance. and would the amount be very much?

Answer 1

The minimum balance changes according to the total owed.  However, it is never less than a certain amount.  That amount varies and would be set forth in your credit agreement.

You should try to pay more of the balance than you are.  You will end up paying more in interest than the amount of your purchases.

Answer 2

GIVE ME MY MONEY >:O

poopnose.