Credit Card Minimum Payment Calculator Overview
Credit Cards are quickly replacing cash and checks as the most commonly used form of currency. Unfortunately, many people are over-using their credit cards and they are racking up huge balances. As credit card users reach their spending limits they typically just make the minimum payment. While this is enough to keep your credit card current and in good standing, it really doesn't help you to pay off your balance, especially if you have a high interest rate. If you are interested in learning how long it will take you to pay off your credit card balance by paying only the minimum payment then you can use our Credit Card Minimum Payment Calculator.