Answer: This is a bad idea to set up a automatic minimum payment on the 18 of this month because it can be fraud risk, pricing disparities, minimum payment that is terrible. And in a cause to that, she has to pay extra, has to silly small fees, and picking the same day every month but will change due dates.
I will convince Caitlyn that this is a bad idea because the automatic minimum payment might not be favorable because it will create a backlog if repayment are not done as it is suppose to be paid,
The automatic minimum payment in this context means the automatic (standard) repayment plan of the loan borrowed.
Majority of borrowers are placed on the standard repayment plan because it is automatic.
However, the standard repayment plan might not be favorable because it will create a backlog if repayment are not done as it is suppose to be paid,
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