
Don't want ads? Try Pro for free!
|
75 installs |
Share on Facebook |
by creditcards
Created 9/5/08
The minimum payment on credit card debt is calculated as a percentage of your current balance, or a fixed dollar amount, whichever is higher. The minimum payment drops as your balance is paid. However, you will end up paying for a long time due to the effect of compounding. Use this calculator to check how long it will… (more)