Credit Card Calculators

Know the consequences.

Is your money being sucked into a compound interest sinkhole? If you're not paying off your credit cards every month, that's just what can happen. It depends on the interest rate charged by the credit card company and whether you pay as much as you can, or just the minimum amount due.

Find your FICO score.

Answer ten easy questions and we’ll give you a free estimated range for your three FICO^® scores, plus customized product recommendations from myFICO^®, the most trusted name in credit scoring.

Reduce credit card debt

The Reduce Credit Card Debt Calculator applies two simple principles to paying off credit card debt.

1. Payoff the highest interest rate first.
2. When a card balance is paid in full, apply its monthly payment to the card with the next highest interest rate.

To see how this can be applied to credit card debt, enter the credit card balances and an additional roll-down amount. The reduce credit card debt calculator will then apply the additional monthly payment to the credit card with the highest rate. When that credit card is paid in full, the card with the next highest rate will be paid down. This continues until you have rolled through all of the credit cards and the debt is paid in full.

Questions or comments about this web site?
Last modified: 03/10/09