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Less than the min payment (credit question)

Jcrew2Jcrew2 subscriber Posts: 3
edited January 2008 in Thought Leadership
Let`s say you have a credit card balance of 10k and your minimum payments are approximately 400 per month. Other than the fact that you will never pay off the balance, what can and will the creditors do if you only pay 100 per month because that`s all you can afford?
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