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How long will it take you to pay off your credit card if you only make the minimum payment?

Parker Lewis | 2023-06-13 01:18:56 | page views：1895
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Julian Baker

Works at Adobe, Lives in San Jose.
QuentinFottrell. When it comes to your financial health, minimum payments on your credit cards are poison. A $2,000 credit balance with an 18% annual rate, with a minimum payment of 2% of the balance, or $10, whichever is greater, would take 370 months or just over 30 years to pay off.Jan 28, 2016
2023-06-15 01:18:56
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Isabella Patel

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QuentinFottrell. When it comes to your financial health, minimum payments on your credit cards are poison. A $2,000 credit balance with an 18% annual rate, with a minimum payment of 2% of the balance, or $10, whichever is greater, would take 370 months or just over 30 years to pay off.Jan 28, 2016
How long does it take to pay a $2,000 credit card debt with minimum ...
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