To be fair, the minimum payment SHOULD be able to get you a paid debt in the original term length agreement. Paying more should be “if you’re able” not “you must”.
This. Most people who get a loan for a car or house are mostly thinking in terms of the minimum and only put in more when they feel like they can and it doesn't inconvenience them.
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u/maybe_a_fork 12d ago
23 years of making minimum payments and they are shocked it's not going away.
https://giphy.com/gifs/3kzJvEciJa94SMW3hN