Wednesday, July 27, 2011

Credit Card Repayment Calculator
"Welcome to the Federal Reserve’s Credit Card Repayment Calculator. 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..."

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