Credit Card Minimum Payment Increases

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CNN "American Morning" hosted by Miles O'Brien and Soledad O'Brien, interview with Scott Bilker

Channel: Entertainment
Uploaded: January 13, 2007 at 3:37 pm
Author: scottbilker

Length: 0:04:55
Rating: 5.00
Views: 4,022

Tags: minimum payment scott bilker credit card debt talk your way out debtsmart smart miles o'brien soledad cnn american

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Video Comments:
xvirg (Thursday 24th of July 2008 07:33:14 AM)
Years later now, has this policy of increased minimum payments had any affect on the overall debt we carry? Probably not. I would argue that the overall credit card debt has increased and will continue to increase regardless of any changes, either legally binding or voluntarily, the banking industry makes.
CREDITCARDSUPERDEAL (Saturday 5th of April 2008 04:43:36 AM)
Do you have a credit card?
tetchcyn (Sunday 27th of January 2008 11:11:35 PM)
credit card companies are like criminals. I decided to start paying off my credit card dedt in 8 month by paying $350 a month and 4 month later I saw my minimum payment drop to $15 form $150 . I'ts because they make more money if you always pay just a little at a time.
ChelyLasVegas (Thursday 29th of November 2007 11:16:31 AM)
Very helpful! thankx Scottbilker for this video.
roboplege (Tuesday 6th of March 2007 07:19:57 AM)
any reason for the first 1min20 of this clip? what a waste of time.
MichelleWritesSings (Friday 12th of October 2007 08:24:37 PM)
Because it directly pertained to the issue? It was just the intro material? What part don't you understand? lol
mahiaroha (Sunday 14th of January 2007 06:53:23 AM)
I found this video to be very informative, it breaks down something that can be very complicated to understand in a way that is extremly user friendly. Great job!