The minimum monthly payment required for this account is the smallest amount of money that must be paid each month to keep the account in good standing.
If your payment is smaller than the minimum monthly payment, you'll incur finance charges, under-minimum fees, late charges, and so forth; your account may be listed as past due as well.
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
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Yup, you will owe a lot of interest, because a monthly minimum payment just keeps the card current and upto date. Whatever is your APR divide that by 12 is your monthly interest on the balance at that time.
It depends if you are a start-up or not. In some instances a down payment can be a requirement for leasing equipment. Usually the minimum down payment would be equal to two monthly lease payments.
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A down payment is normally required of $50 and then billed monthly at $12.75.
34.50
If your payment is smaller than the minimum monthly payment, you'll incur finance charges, under-minimum fees, late charges, and so forth; your account may be listed as past due as well.
The minimum down payment required for a car purchase with a 50 down payment is 50 of the total cost of the car.
$1150.00 X 3% = $34.50 minimum payment or $1150.00 X .03 = $34.50 minimum payment
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Yes, if the monthly payment is not the minimum amount agreed upon, a breach of contract has occurred on the part of the account holder and the creditor may take whatever action they decide is warranted.
Yup, you will owe a lot of interest, because a monthly minimum payment just keeps the card current and upto date. Whatever is your APR divide that by 12 is your monthly interest on the balance at that time.
It depends if you are a start-up or not. In some instances a down payment can be a requirement for leasing equipment. Usually the minimum down payment would be equal to two monthly lease payments.
-revolving credit -a credit limit -monthly statement -enable cash advances -minimum payment required -insurance offered
Nett Monthly Account - Payment due on last day of the month following the one in which the invoice is dated