It is also minimally extremely harmful.
Friends who have always been "minimum payment".
Calculate how your debts were raised.
Doesn't it feel like it's being paid back every month?
The debt still feels like it's not over, and the pressure is getting bigger and bigger......
First, the minimum payment increases the interest burden. When consumers opt for a minimum payment, they usually have to pay a certain amount of interest. This is because the minimum payment is part of the amount due, while the unpaid portion will continue to accrue interest. The interest burden will continue to increase over a long period of time, making it take longer for consumers to pay off their debts.
Second, the minimum payment can affect an individual's credit history. Credit card repayment records are an important basis for assessing an individual's credit status. If the minimum repayment method is often used, the bank may perceive the consumer's repayment ability as insufficient and lower its credit rating. This will affect the success rate of consumers in obtaining loans or other financial services in the future.
In addition, minimum payments can also lead to consumers falling into debt. Because the minimum payment is usually less than the full amount due, some consumers may be constantly rolling over debt, i.e., using new borrowings to pay off old ones. As a result, the debt snowballs and eventually becomes unaffordable for consumers. 
The harm of minimum repayment cannot be ignored. Not only does it increase the interest burden, but it can also affect personal credit history and even put consumers in debt. Therefore, consumers should try to repay the full amount when using a credit card and avoid using the minimum payment method. At the same time, you should plan your personal finances reasonably to ensure that your credit card spending matches your financial strength. Only in this way can you make better use of the convenience of credit cards and avoid unnecessary financial difficulties.