Paying only the minimum balance on your credit card will likely:Correct Answer: Increase the total interest paid ! Other People SaidIncrease the total interest paid: 1002 Raise your credit score quickly: 114 Eliminate your debt faster: 112 Next Question: A loan with a fixed interest rate means:The interest rate can fluctuate monthlyThe interest rate depends on your credit score each monthThe interest rate stays the same throughout the loan term
