The minimum payment trap: Why your balance barely moves

Beyond Finance reports that the minimum payment trap keeps credit card holders in debt longer, as most payments go toward interest rather than the principal, prolonging repayment times.

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St. Louis Post-DispatchLean Left· 7d ago· ran in 9 outlets

The minimum payment trap: Why your balance barely moves

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The minimum payment trap: Why your balance barely moves

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The minimum payment trap: Why your balance barely moves

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The minimum payment trap: Why your balance barely moves

The minimum payment trap: Why your balance barely moves

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The minimum payment trap: Why your balance barely moves

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The minimum payment trap: Why your balance barely moves

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