Partial Payment
Paying less than the total amount due.
11 August 2025
1 min read
A partial payment is paying any amount between the minimum amount due and the total amount due; it satisfies the due date but accrues interest on the balance.
Paying less than the total amount due.
A partial payment is paying any amount between the minimum amount due and the total amount due; it satisfies the due date but accrues interest on the balance.