| Tool: Credit Card Repayment Calculator |
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| Go to: | http://www.federalreserve.gov/creditcardcalculator/Default.aspx (opens a new window) | ||
| Description: | Based on the information you provide, the calculator will give you an estimate of how long it will take you to pay off your credit card balance. The calculator assumes: * you make no more charges; and * you make only the minimum payment each month. A second calculation can help you develop a plan for paying off your balance sooner. | ||
| Technology Type: | Calculator | ||
| Author: | Federal Reserve System | ||
| Language: | English | ||
| Cost: | Does not require payment for use | ||
| Average Rating: |
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| Courses: | Algebra | Growth | |
| Financial Education | Borrowing, Credit, Credit costs, Debt | ||
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