What Credit Really Costs: Charge It Today, and Pay for It The Rest of Your Life?
Have you ever wondered why it takes so long to pay down your credit card balance after a holiday splurge? Consider this before you sign up for a credit card, shop around and find one with as low of an interest rate as possible. Try not to charge more than you can pay off fully each month.
DISCLAIMER: The accuracy of this calculator and its application to your specific situation is not guaranteed. We encourage you seek advice from qualified professionals regarding all personal finance issues.