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> CC minimum payment amount, dangerous?

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ketupatlazat
post Jun 28 2019, 12:15 PM

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Janji can boba tea, use S10, wayang 3 times a week, kyochon for lunch and KFry for dinner
triple02
post Jun 28 2019, 12:15 PM

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its ok to pay minimum as long as you dont load anything on top...

was in around 20k debts had to pay minimum for cash flow then cut here and there used snowball method to pay now left only RM500..bulan depan dah settle took me 9 months all in all
se800i
post Jun 28 2019, 12:17 PM

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QUOTE(amanu @ Jun 28 2019, 12:00 PM)
usually i always pay statement balance in full but due to raya my budget lari this month. outstanding reached rm1400 already lul.

im thinking to pay minimum amount so i can breathe a bit.

is it dangerous to play around with minimum amount? cimb.
*
come I teach you.... Dont pay Minimum payment.... If you got other CC, get the best rate for balance transfer. Transfer your outstanding to another bank CC. Then from there u slowly pay back the other bank

Balance transfer rate confirm lower than CC interest rate

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