Get on the road to becoming debt-free!
A $2,500 balance on your credit card could cost you $8,781 if you paid the minimum payment every month on time. At 18% interest, the balance would take 34 years to be paid off.
About a half of American households don’t pay off their credit cards in full every month
Credit card companies and other lenders hope that you'll take as long as possible to pay your debt. The longer you take to pay the more you pay them. Smarten up, and get yourself on the road to becoming debt-free! One first step is to know where you stand. How much are you trully paying for the items that you charge? Use a credit calculator to bring down your ballance to zero. Pay off as much as you can without defaulting on other obligations and get on the road to becoming debt-free!
Also, you are entitled to one free credit report per year from each of the national credit reporting agencies listed on the left. This is the barometer of your credit wellness. You owe it to yourself to know what your creditors know about your finances.
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