How to use our credit card
payment calculator: In the first box, enter the total balance due on your credit card. In the next box, enter the interest rate charged by the issuer. In the third box, type in the
number of months in which you hope to completely payoff the credit card (if you
want to payoff your credit card in one year, you would enter the number 12). Click the
"Calculate - Click Here" button and you will be shown the following
data:
* The monthly payment you should make in order to meet your goal.
* The total principal and interest you paid upon balance payoff.
With our reverse calculator, you can estimate the monthly payments required in order to payoff your credit card balance within a specified time, such as 18 months, 2 years, etc.
Our payment calculator will also show you the total fees; principal and interest, you paid.
Credit
Card
Using
credit cards for purchases sometimes can help other good causes. For example,
the Discover card company has a giveaway going on that may benefit education.
Many times Cardmembers may have a way to earn chances to win prizes as they make
purchases using their unsecured credit cards. Discover® recently unveiled a giveaway. According to information on their website, when a purchase is made using
their card, (see the rules), cardmembers may be able to be entered to win prizes
and Discover may contribute a donation to a public school. Consumers may not
always pay attention to benefits or perks offered by companies, but it can be
worth while to know any rewards that may be available for money that must be
spent anyway. Visit the Discover website for all the details.
For
people who want the convenience of a debit card to replace having to write
checks or carry cash, there are many prepaid
cards available from major issuers like MasterCard.
They offer cards in which the cardholder can make purchases worldwide and the
money is deducted from their bank account. Debit Cards are used for many
different types of purchases, for example, shopping, dining out, traveling, and
to pay bills. There are choices for Gold, Platinum, or World MasterCard debit
cards.
Daily Credit Tidbit: Do you know how much money you charged and spent last week? Are you spending 75% or more of your income to repay credit? Use our free electronic checkbook register to log and sort expenses so you can more wisely manage money.
Daily Credit Tidbit: Having a hard time saving money for a special purchase or for a downpayment? On your checkbook, credit cards and money clip, tape a picture of the item you're trying to save money for. If trying to save money for a child's college, tape your child's photo. For a new car, tape a photo of the car. Use imagery to help motivate your savings efforts.
