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It can happen to anyone. We splurge a few times too often, or life’s crises pile up faster than we can pay for them. When that happens, our credit card balances spiral upward, with a large share of each payment simply going to cover interest payments. This calculator will allow you to factor in your debt load, credit card interest rate and potential monthly payments as you work out a plan to put your plastic house in order.
The online calculator is provided for illustrative purposes only, and the information obtained by using the online calculator is not, and should not be taken as, legal or financial advice to any person or company. Results may vary depending on the accuracy and comprehensiveness of the information you provide while using the online calculator. The online calculator is not substitute for consulting a qualified professional. Coastal Federal Credit Union accepts no liability for any losses or liabilities allegedly arising from the use of the online calculator by any person or company.
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