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Justin's Banking / Loans Blog

By Justin Pritchard, About.com Guide to Banking / Loans since 2005

Credit Card Minimum Payments Double

Friday July 22, 2005
A quiet shift that may affect your cash flow is happening. Credit card companies are required (some have already begun) to make your minimum payment twice as high as it used to be. See what About.com's Credit Guide has to say about increasing minimum payments on credit cards. As with most regulations, it will help some and hurt some.

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