CAframer
SGF, Supreme Grumble Framer
Anyone seeing an impact on order rate as a result of the new credit card minimums? Obviously hard to measure scientifically, but just wondering if anyone has formulated an opinion based on anecdotal input.
The new guidelines state that monthly minimums should cover interest, any fees or extra charges and at least 1 percent of the principal amount. So essentially, we're seeing a jump from a minimum payment of 2 percent of the total balance to 4 percent.
The new guidelines state that monthly minimums should cover interest, any fees or extra charges and at least 1 percent of the principal amount. So essentially, we're seeing a jump from a minimum payment of 2 percent of the total balance to 4 percent.