dolphindan1 Posted April 8, 2004 Report Share Posted April 8, 2004 If you do not make the minumum due on your credit card but do make a lower payment will that affect your credit report?...I mean say the minimum due is 50.00 but I pay 10.00 dollars will they report 30 days late next billing cycle? Link to comment Share on other sites More sharing options...
paw67 Posted April 8, 2004 Report Share Posted April 8, 2004 If you do not pay the full minimum payment and it goes past due 30 days then yes, they will report it 30 days late.paw67 Link to comment Share on other sites More sharing options...
creditmess Posted April 9, 2004 Report Share Posted April 9, 2004 Man, that has to be one big credit card balance for the payment to be 50 bucks! Link to comment Share on other sites More sharing options...
DHK Posted April 9, 2004 Report Share Posted April 9, 2004 Most CC payments are 2% of the outstanding balance. So it looks like the balance is around $2,500. (2% of $2500 = $50.) Link to comment Share on other sites More sharing options...
Ravenous Wolf Posted April 10, 2004 Report Share Posted April 10, 2004 If you do not make the minumum due on your credit card but do make a lower payment will that affect your credit report?...I mean say the minimum due is 50.00 but I pay 10.00 dollars will they report 30 days late next billing cycle?If you cannot afford fifty clams a month, then some drastic measures have to be taken to reduce your operating expenses.Like, no cable TV. No fast food. No movies on the weekend, no beer, etc...My first apartment had no TV, no VCR, no computer, no telephone. And not even furniture, except a bed. I ate my food on the floor for a long time. I didn't even have air conditioning in my car and that is a big drag when living in south Texas.Unless you are unemployed, making the minimum payments ought to be the highest priority. Although there are alway circumstances beyond control. I have been there before too... Link to comment Share on other sites More sharing options...
dolphindan1 Posted June 1, 2004 Author Report Share Posted June 1, 2004 That was only an example.....not a actuality.... Link to comment Share on other sites More sharing options...
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