💳 Are you paying the minimum amount due on your credit card but still stuck in a never-ending cycle of debt? You’re not alone. Many card users in India fall into the same trap, unknowingly worsening their financial health month after month.
🔍 What Is Minimum Amount Due (MAD)?
The Minimum Amount Due (MAD) is usually 2% to 5% of your total outstanding credit card bill. It’s the bare minimum required to keep your account active and avoid late fees. But here’s the catch:
✅ It only covers interest and small part of principal
❌ It does not reduce your overall debt significantly
⚠️ It leads to interest compounding on unpaid balance
⚠️ Why Is This a Problem?
If you’re consistently paying just MAD:
- Your principal remains almost untouched
- You’re charged interest between 36% – 48% annually
- Your CIBIL score might drop due to rising debt-to-income ratio
- You’re trapped in a cycle of repayments without relief
💡 The Real Impact of Only Paying MAD
Let’s say your outstanding is ₹1,00,000.
Paying only ₹3,000 every month?
You’re only reducing interest, not the actual loan. Over a year, you might still owe ₹90,000+, and the interest keeps growing.
🛑 Avoid the Trap: Here’s What You Should Do
- Stop paying just MAD – aim to pay more than the minimum
- Avoid using multiple cards without tracking repayments
- Don’t make multiple enquiries – it hurts your CIBIL
- Get help from loan experts to consolidate or restructure your debt
🧠 How Shivafinz Can Help You
At Shivafinz, we understand how hard it is to juggle credit card dues with monthly responsibilities. That’s why we offer:
✅ Debt Restructuring Plans
✅ Loan Consolidation Assistance
✅ CIBIL Recovery Guidance
✅ Zero-Rejection Policy for Eligible Clients
With expert intervention, you can stop the cycle of minimum payments and start clearing your actual dues—smartly and efficiently.
📞 Reach Out Today for a Free Credit Check & Consultation
Stop the stress. Start the solution.
👉 Connect with Shivafinz now and take the first step toward debt freedom.