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Questions tagged [minimum payments]

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GeishaElegance GeishaElegance Sat Jan 18 2025 | 7 answers 1235

How do credit card companies determine minimum payments?

I'm curious about how credit card companies calculate the minimum payment that's due each month. What factors do they consider when deciding on this amount?

How do credit card companies determine minimum payments?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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