Toward the end of 2005, many of the credit card companies began increasing
minimum required monthly payments. In many instances, the payments doubled. See
here for more information. I noticed that quite a few clients during the first
six months of this year were forced to consider bankruptcy because of
the minimum payment increase. I’m curious how much the payment amounts
have actually gone up for others in the Fresno area. If your monthly minimum
payments have gone up, please post a comment stating the percent your
minimum payments increased.