Credit cards offer incredible convenience, allowing you to pay for your purchases over time while earning cash back, travel rewards or other types of perks. However, they also come with a dangerous ...

Minimum payments can keep you trapped in debt for 15+ years while banks profit. Making only the minimum payment on your credit card might seem like a manageable approach to handling debt, especially ...

A Reddit user lost his job, and he is now paying only the minimum due on his credit cards. Card companies have been lowering his credit limit, which has caused his credit score to drop by 120 points.

Setting up automatic payments ensures you’re never late. You can choose to pay the minimum due, the full statement balance or a fixed amount monthly. If you’re not using autopay, schedule calendar ...

A warning to all those credit cardholders who pay just the minimum amount due each statement: Your monthly bill is probably going to increase, if it hasn't already. Several major card issuers have ...

I use Chase and have noticed lots of cards are offering to split big purchases into monthly payments that are less than your regular interest rate, in exchange for a fixed fee. If I pay more than that ...