Which of the following statements about minimum payments is INCORRECT? A. Minimum payments are typically only 2-4% of your total debt. If you send in the minimum payment, you will be charged a late fee. C You will still pay interest on your balance if you submit the minimum payment. D Paying the minimum means you are only paying off a portion of your total debt.
Business · High School · Thu Feb 04 2021
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B. If you send in the minimum payment, you will be charged a late fee.