Americans today owe more money than ever before. The fact that 'interest never sleeps' means that the situation will continue to worsen unless steps are taken at the individual level to reduce or eliminate debt. Additional monthly payments can make a difference to accelerate the payoff and save yourself hundreds and thousands in interest payments. Use our calculator to figure out when you can pay off your credit card.
Credit Card or Loan Information
Assumptions
Current credit card balance ($)
Annual percentage rate (0% to 40%)
Proposed additional monthly payment ($)
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