Monday, March 17, 2008

The Absolute Minimum

The bank that holds the card for the Big Beast is at it again: Despite the enormity of my balance, my minimum due for this period is $15.

This is how people get in trouble. They get these outrageously low minimum amounts due without realizing (or caring) that the interest is still accruing on their large balances.

Needless to say, I didn't take the bait. I've scheduled my payment and believe me, it's several times the "minimum" due amount.

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