Credit Card Payoff Calculator

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Figure out a faster way to zero out your debt

Credit cards offer a convenient way to shop and pay bills. But even responsible consumers sometimes run up big balances. The best way to reduce your debt is to come up with a long-term payment plan. The problem with credit card debt is that it often comes with big monthly interest payments. To save money, you want to pay it all off as quickly as possible. This calculator factors in your current debt, card interest rate and current monthly payments and lets you know when the balance will hit zero.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.