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Credit Card Payoff RATES   |   APPLY ONLINE

Consolidating your debt is only half of the battle. You still need a plan to get your debt paid in full. This calculator can show you how to accelerate your debt payoff. The process is simple, just apply a portion of your consolidated loan's monthly payment savings to the consolidated loan's balance. You can save hundreds, even thousands in interest and shave years off of your loan!



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FIELD DEFINITIONS
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Related Links:
•  MasterCard®
•  Money $ense: Minimum Payment = Maximum Pain

 
Field Definitions
Current balance
Current outstanding balance on your credit card.

Payoff goal (in months)
Your goal for paying off this credit card. This is the number of months by which you would like to have completely paid off this credit card balance.

Current monthly payment
The amount you are currently paying per month on this credit card. Please enter the amount you actually pay, not the minimum payment. This amount is used to calculate how long it will take you to pay off your balance.

Planned additional monthly charges
Total new charges you expect to put on this credit card per month.

Interest rate (APR)
The annual percentage rate for this credit card.

Annual fee
Your annual fee for this credit card.

Major purchase
If you expect a major purchase beyond your normal charges, enter the amount to be spent here.

Months from now
Number of months before your major purchase will occur.