If your credit card balance is 16,000 yuan and the minimum monthly repayment is 10% of the credit card balance, then the minimum repayment in the first month is 1,600 yuan. If you only paid the minimum repayment of 1,600 yuan in the first month, your credit card balance in the second month will be 14,400 yuan (16,000-1,600=14,400), and the minimum repayment in the second month will be It is 1440 yuan (14400*10%=1440). By analogy, if you only pay the minimum payment every month, then the minimum payment every month will gradually decrease.

However, I recommend that you try to avoid paying only the minimum payment, because this will incur interest charges and increase your debt burden. If possible, try to pay off your credit card bill in full each month to avoid interest charges.