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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (36431)7/20/2005 8:36:54 PM
From: Ramsey Su  Read Replies (1) | Respond to of 110194
 
I wonder if the higher minimum payment requirement is the reason why consumer credit is trending lower.

federalreserve.gov



To: Elroy Jetson who wrote (36431)9/28/2005 6:24:27 PM
From: ild  Read Replies (2) | Respond to of 110194
 
If you pay 1% of the balance plus all interest and fees every month you'll repay your loan in 100 months, not years.