A great tool from bankrate.com

United States
June 10, 2010 4:16pm CST
Have you ever used the credir card calculator from bankrate.com to calculate how long it will take you to get rid of your credit card balance? I did it a couple of times, with the assumption of how much I would pay per month, and how long it will take me to get rid of balance. Or do it opposite, how many months do you want to get rid of your debt, and they will come up how much you have to pay to make it happen. It is a very useful tool. At least, you know where you are standing at. Simply input some basic information they ask for, then you will get your answer in a blink of second.
1 person likes this
2 responses
@TeamCholent (2832)
• United States
10 Jun 10
I have used them in the past for a few calculations and thoroughly enjoyed the site and its tools. I am happy to say I am not in debt nor have I ever been but this site is great if you are and want help getting out. Happy MyLotting
1 person likes this
• United States
11 Jun 10
I am glad you are debt free. But actually, this site offer great tool for people to calculate where they are standing at.
@mrfdg1972 (3237)
• Philippines
10 Jun 10
Thanks a lot buddy, i find it very useful and informative especially the mortgage calculator.
• United States
11 Jun 10
You are welcome, anytime. I would like to share information with online users here. A great community for all of us.