Question

Does anyone have navy federal credit card? They automatically lowered our interest last month and of course notified us. But this month we have no minimum payment? I did make 3 payments in the last cycle. But a new cycle and interest charged started yesterday.  

Answer 1

I have navy federal and noticed there’s no minimum payments either ! It’s great that they’re trying to help during thus crisis But I’m still going to make the normal payments to continue with my debt free plan !  

Comments

@kirshbaum I plan on it too just wasn't sure how to track it? Is the payment then all extra debt? Is the interest the minimum and the rest extra debt? Or do I list last month's minimum payment as minimum payment?  

---

@righteous I’m just tracking it as a normal monthly payment

---

@kirshbaum thanks!  

Answer 2

We have navy fed. I think it’s due to the coronavirus but I’m not 100% sure. We don’t have a minimum payment either but we are just paying exactly what we normally pay and tracking it as our regular minimum payment

Comments

@recept thanks I think that is what I am going to do!  

Answer 3

I called NFCU to ask the other day and they said they are trying to help out their members