What ‘minimum due’ really costs credit card users
· livemint.com
Some credit card users who rely on autopay say they have found their payment settings switched to the minimum due without their knowledge. Here’s what your credit card isn’t telling you.
Pawan Kumar, a 30-year-old software engineer in Gurgaon, is a case in point. As a new credit card user, he paid only the minimum through his bank’s netbanking...