Minimum payment: About 11 percent of U.S. credit card holders make minimum payments.Do you think Fannie Mae would ever would for something like a minimum downpayment in the mortgage market?ChicagoTribune
Maximum payment: Nearly 40 percent of consumers pay off their balances in full every month.
Saturday, July 23, 2005
New federal rules to increase smallest credit card payment
Right now here are the two extremes: