If you have a Credit Card balance you'll be surprised on how much you are paying in interest to your Credit Card company every month. This site will tell you what your Credit Card company doesn't want you to know. You need Netscape 3.0 to use this page as all the Calculations are JavaScript Based.

Enter the amount you carry each month
Enter your yearly interest rate

What your Credit Card company takes from you each:

Year Month Week Day

To get out of this Credit trap, here are some suggested monthly payment schedule. This is what you would have to pay in order to fully pay off your balance including interest, assuming that no new purchases are made.

20 months

12 Months

6 Months 3 Months