The longer debt hangs over you, the easier it is to become used to it and disregard the damage it’s causing. In particular, credit card debt can nail you the hardest if you ignore high interest rates while paying the minimum balance every month.
Doing all you can to minimize and eliminate credit card debt pays immediate and long-term dividends, and the ability to visualize those results motivates you to get started. With that in mind, 50 Plus Finance spotlights credit card payoff calculators that will show you the benefits of eliminating your debt.
The writer notes the tools available at What’s The Cost, Bankrate and CreditCardFinder, among others. Plug in your numbers and you can see the financial wonders you can work by attacking your debt rather than letting it suffocate you.
The 5 Best Credit Card Payoff Calculators [50 Plus Finance]