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Three to five percent of the statement balance.

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16y ago

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What happens if your monthly car payment is a week late?

You would probably just be charged a late fee. And there would be a negative comment on your credit report as well.


Monthly payment on 217000 30yrs at 4.5 percent What would the monthly payment be?

Want to know what our monthly house payment will be owing 217000.00 on a 30 year loan at 4.5%


What is a monthly mortgage payment?

A Monthly Mortgage payment, would be the repayment of a loan taken with a bank or lending firm, when buying a house or property. For example, if you borrowed $250,000 to buy a house, with an interest rate of 3%. The estimated monthly mortgage payment would be 1,054.01 per month, for 360 months.


What is the minimum payment due on a credit card with a 50000 balance?

Most credit card issuers have moved to a monthly minimum payment due of 4% of the outstanding balance. For a $50,000 balance this would equate to $2,000. Some issuers only require 2% or 3% minimum payments, which would equate to $1,000 or $1,500, respectively. You would need to check with your credit card issuer to determine their particular minimum payment requirements. Check out CreditCards.com/calculators.php to look at different scenarios.


Can you send credit cards 5.00 per month and do they have to accept it?

Most credit card companies demand a minimum monthly payment of 5% of your balance owed.If you owe $1000 your minimum payment would be $50.You can send any amount you want. However your balance owing will steadily increase. It will only affect your credit rating.If you pay only the minimum payment each month, it will take years for you to pay your bill.

Related Questions

What would happen to a monthly payment if the interest rate increased?

Either the monthly payment would have to increase or the period of the loan.


What happens if your monthly car payment is a week late?

You would probably just be charged a late fee. And there would be a negative comment on your credit report as well.


What would a monthly payment be on a purchase of a 10000 car at 5.9 for 4 years?

$234.39 assuming zero down and you pass a credit check.


What is the best explanation for why Robert would have to pay more for his monthly payment than Maggie?

Robert has a lower credit rating than Maggie.


How much does it cost to rent a 1500 sqftstore in monthly payment?

The cost to rent a 1500 squarefoot store in terms of monthly payment will depend on location and demand. The location of the building is a major factor because property prices are driven by demand in the area. A person's credit may also effect how much a monthly payment would be required.


Monthly payment on 217000 30yrs at 4.5 percent What would the monthly payment be?

Want to know what our monthly house payment will be owing 217000.00 on a 30 year loan at 4.5%


The journal entry to record the payment of a monthly utility bill would include?

A debit to capital and and a credit tocash


How much do you have to pay monthly on a credit card line of 400 dollars?

Most credit cards require a minimum payment of 5 % per month. That would be $ 20 on a balance of $ 400. It all depends on the companies policy.


What is the difference between a purchase and a payment on a credit card statement?

A purchase would be buying something. A payment would be a payment on the card itself, towards the balance of the available credit.


What is a monthly mortgage payment?

A Monthly Mortgage payment, would be the repayment of a loan taken with a bank or lending firm, when buying a house or property. For example, if you borrowed $250,000 to buy a house, with an interest rate of 3%. The estimated monthly mortgage payment would be 1,054.01 per month, for 360 months.


Would it be a good idea to start a student credit card sooner or later?

It is never too early to start building good credit so sooner would be better. Just make sure that you keep it low so that you can always make the monthly payment and get it paid off which is what builds your credit.


How much would a monthly payment be on a 2010 BMW?

500 dollars