Answer: D. minimum monthly payment
Explanation:
The minimum monthly payment is the lowest that a person should pay per month on a loan, particularly that of a credit card, if they do not want to be ruled as being in default.
The advantage of this is that the person will still be in good standing with the creditor meaning that they have not defaulted (really bad for credit score). Disadvantage is that the loan interest will be higher as it is based on a larger balance than had the person paid more.
