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  • 03-02-2022
  • Computers and Technology
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The lowest amount you can pay on your credit card each month

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gipsonm35509
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  • 03-02-2022

Answer: A credit card minimum payment is often $20 to $35 or 1% to 3% of the card balance, whichever is greater.

Explanation: The minimum payment on a credit card is the lowest amount of money the cardholder can pay each billing cycle to keep the account's status “current” rather than late.

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