If you look at your Credit Card Bill you will see something like this:

Previous Balance 

 

(-) Payments & Credits

 

  (+) Cash Advances

 

   (+) Purchases and Adjustment

 

(+) Finance Charge

 

Elsewhere on your statement you should find the Bill accounting of what they want you to pay this month.

Past Due Amount (hopefully 0.00 - or you will be paying a penalty)

Current Payment (If this is less than the Finance Charge you are in TROUBLE)

You will never pay this bill off paying only what the Credit Card Company's minimum payment. Think about it for a second. If you are paying less than amount that you owe in finance charges, next monthyour Previouis Balance will have gone up even if you haven't bought anything on this card. If your Credit Card company sets a minimum payment of $175 while compound interest increased your balance $250 to your balance, you will NEVER PAY off this bill. It is time that you something about this problem. You need to take action and take it now. Click here to see some appealing options.