Follow Us On :

Does paying the minimum amount due on your card affect your credit score?

Usually, your credit score is unaffected if you only pay the minimum amount due on your card. However, delaying payment of the minimum due on your credit card may have an adverse effect on your credit scores and result in high interest costs. Paying more than the minimum, on the other hand, can help you save money, pay off your credit card balances more quickly, and even raise your credit score.