This calculator will work out how long it might take you to pay out your current credit card debt while only paying the minimum monthly payment. It also show the amount of interest you would have to pay – make sure you are sitting down as the outcome may shock you! Often people will be dead by the time they have paid out their debt whilst only making that minimum payment required. In a lot of cases this minimum monthly payment is already difficult to meet.
|What will it take to pay off my credit card?|
*Figures are estimates based on averages, please contact your credit card provider for more accurate figures.