Legal Subjectivity:

Every bank will have a minimum repayment amount function. As long as this minimum repayment amount is paid, the bank will not charge late fees, nor will it affect your personal credit. Generally speaking, the minimum repayment amount is 10% of the total bill amount. For example, if your bill consumption this month is 10,000 yuan, the minimum repayment amount is only 10,000*10=1,000 yuan. However, interest will be charged for repaying the minimum, which is 50% interest per day. Therefore, as long as you repay the minimum, although the pressure will be reduced, compound interest will occur, which will be relatively troublesome, and it can only be used as a temporary delay.