Minimum Payment: Canada Debt .ca defines Minimum Payment

Bankruptcy Term Minimum Payment

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Canada Debt has the definition to the bankruptcy and debt term Minimum Payment. Finding answers to terms such as Minimum Payment can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Minimum Payment in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Minimum Payment' is used as follows:

The minimum amount payable each month on your credit card balance.