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If you pay the minimum payment will the credit card company accept this and will the interest remain high with minimum payments?

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Wiki User
2008-10-12 11:34:42
2008-10-12 11:34:42

Worst situation in the world to be in. You don't have enough money to pay balance in full right? Bad news, you need to do just that. Get rid of it now. Do whatever you have to. Don't pay minimum. That is just a guide and not meant to pay card off within any period of time. They have no obligation to lower interest or payments. In fact they have you exactly where they want you, high interest, high late fee and past due fees. Alternative Answer If you can't pay it off, transfer it to a 0% card. See this website:

http://www.stoozing.com/

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