Examples of Minimum Principal Payment Amount in a sentence
The Minimum Principal Payment Amount for each Billing Cycle is determined at the time you take your Cash Advance as follows: For Customers with Bi-weekly or Semi-monthly Payment Due Dates: Your Minimum Principal Payment Amount will be the greater of $50 or 5% of your Principal Balance.
For Customers with Monthly Payment Due Dates: Your Minimum Principal Payment Amount will be greater of $100 or 10% of the Principal Balance.
Your Minimum Payment Amount for each Billing Cycle consists of the Minimum Principal Payment Amount, plus Minimum Charges (Finance Charges), for that Billing Cycle.
Your Minimum Payment Amount for each Billing Cycle consists of the Minimum Principal Payment Amount for your outstanding Cash Advances, plus Finance Charges for that Billing Cycle.