Credit Card Optimization3 min read
What Happens If You Only Pay Minimums
What happens if you only pay minimums on credit cards: payoff timelines stretch for years, interest totals balloon, and principal barely moves on high-APR balances.
Tag: minimum payments
4 articles
Credit Card Optimization3 min read
Why Minimum Payments Keep You in Debt
Why minimum payments keep you in debt: low principal reduction, rising interest share, and issuer formulas designed to extend payoff timelines for years.
Debt Payoff Strategies3 min read
Common Debt Payoff Mistakes to Avoid
Avoid debt payoff mistakes like minimum-only payments, scattered extras, new charges on paid cards, and missed promo expirations. Fix each and stay on track.
Debt Payoff Strategies3 min read
Why Most People Stay in Debt (Behavioral Reasons)
Why most people stay in debt: minimum payment habits, lifestyle inflation, and avoidance—not bad math. Learn the behavioral traps and how to break each one.