Salmon Credit operates on monthly cycles, each ending on a specific date assigned to your account. The number of cycles is unlimited.
- At the end of each cycle, you will be informed of your minimum payment due.
- You must pay at least this minimum amount by the due date to avoid late payment fees.
- You can pay more than the minimum—or even the total Outstanding Balance—at anytime.
- This minimum amount is the lowest amount required to keep your credit line active and ensures coverage for your credit usage.