How to request a lower credit card minimum payment

If you can’t make at least the minimum payment on your credit card bill, it’s always better to take action sooner rather than later. Missing payments can lead to high fees, higher interest, and a lower credit score. Your credit card issuer is your first line of defense against missing a credit card payment. Whether you’re going through a temporary financial hardship or working through a longer-term debt repayment, you may be able to work out a payment option with your issuer that minimizes any effect on y ...