Spending as a form of credit consumption offers the option of a minimum repayment, i.e. a minimum repayment of each bill to continue using the service. However, the consequences of paying only the minimum amount of the payment are worth considering。

Only the lowest payback

First, a minimal repayment would result in an accumulation of interest. Spending amortized consumption usually imposes a certain interest cost, while paying a minimum repayment would continue to generate interest on the outstanding amount, thus cumulating and increasing over time. If only the lowest repayments were paid in the long term, the eventual interest costs would be higher and would impose an unnecessary economic burden on consumers。

Second, a minimum repayment would reduce personal credit ratings. Individual credit ratings are an important indicator of an individual ' s credit position, and a minimum repayment will be considered a sign of poor credit management. Banks and other financial institutions decide whether to provide a higher level of credit on the basis of an individual ' s credit rating, which, if low, will limit an individual ' s future credit line and loan terms。

In addition, a minimal repayment could lead to financial difficulties. It may be that some consumers pay the minimum because there is a temporary lack of sufficient funds to repay the full amount, but this is only a temporary solution. If the financial situation did not improve in the long term, the payment of the minimum would turn into a vicious circle, which could lead to further arrears and interest and ultimately to debt distress。

Finally, a minimum repayment would also affect individual consumption planning. Minimum repayments alone usually mean that the debt of the past cannot be fully discharged in the next billing cycle, which has a negative impact on individual consumption planning. If an individual continues to pay a minimum repayment, it will not be possible to effectively manage his or her personal finances, which may affect the implementation of other necessary expenses and savings schemes。

In summary, the consequences of paying the lowest repayments are manifold, including interest accumulation, a decline in personal credit ratings, financial distress and the impact on individual consumption planning. Therefore, in using the flowers, it is recommended that only the lowest repayments be avoided and that the full amounts be repaid as soon as possible in order to maintain a good credit record and financial position。