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Personal Finances / Credit Cards and Consumer Debt


Subject:  Minimum Balances Date:  11/20/1998  10:50 PM
Author:  Ramsees Number:  5597 of 312157

Hi gang,

Boy, you guys (and gals too!) sure do respond to your messages pretty quickly! <smile> Well, I've got another one for you. My Visa currently is the card that's dragging me down. I've got a minimum balance of $300+ on it, and right now I can't fork that much down on the bill. Would it be Foolish to pay what I can even though it won't cover the minimum, or hold off and pay it when i have the full payment? It looks like a lose-lose situation for me.

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