Does anyone know of a multiple interest rate credit card calculator? I have one credit card, with two interest rates. One rate is for balance transfers the other is for actual purchases (yes I'm working on getting that changed to just one rate for everything, but I'm not there yet). Is there a calculator out there that allows me to put in the amount charged to one rate, the rate, and the amount charged to the second rate and the second rate, then tell me based on that and my payment amount how long it will take me to pay off my credit card?
2007-03-14 08:07:25 · 2 answers · asked by Tonya in TX - Duck 6 in Business & Finance ➔ Credit
You're AWESOME thanks. I'm about to leave for the weekend - 4 day holiday. And my question has only been open for 3 hours. I don't have internet connection at home, and it will go to voting before I get back. So PLEASE vote for yourself.
If anyone else answers this question, please vote for the first guy who answered.
Thanks!
2007-03-14 10:53:39 · update #1
http://www.creditshack.org/calc/snowball-calculator.php
At this website you can put in information for multiple credit cards... This is essentially what 1 card with 2 rates is.
Simply input data for 2 cards (the 2 interest rates and their ballances) and be sure to input that the higher interest rate has a minimum payment of $0 and the lower interest rate has a minimum payment of $500 (or however much you pay on it every month).
2007-03-14 08:50:32 · answer #1 · answered by cuztis209 4 · 1⤊ 1⤋
No, you by no skill get pastime on prepaymewnts of credit card quantities. I continually have a credit card stability, I continually pay in strengthen, If i'm getting a recujrring value for $one hundred a month...I deliver $5-7 hundred and that they only deliver me credit stability charges until finally I owe them money back on the instant of no pastime opn economic employer deposits, I save money by way of seldopm utilising postage or cheque expenses and that i've got not got the annoyance each month of being asked for money yet , as an aside, ....i come across that when I even have numerous those credit balances in my desire, existence is going quite good, To owe and combat to pay it, skill problem will come your way
2016-10-02 03:00:46 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I'll vote for him but you can always extend the answering period. It could still be open when you get back. Great answer above though.
2007-03-14 12:35:57 · answer #3 · answered by Beast8981 5 · 0⤊ 0⤋