Knowledge is Power - Especially When It Comes to Your Future
Our blog offers insights and information to help you better understand bankruptcy, debt management, and the important questions to ask when seeking legal help. This is not legal advice - it’s your starting point for empowerment.
*Disclaimer: The content on this site is for informational and education purposes only and does not constitute legal advice.*
Minimum Payments: The Quiet Trap That Keeps You in Debt
Minimum payments feel safe. They keep the account current and avoid late fees. But they also keep you in debt for years while interest piles up. Below I’ll show how minimums are set, why they slow your payoff to a crawl, and exactly what to do instead.