How Much Interest Will I Pay on $1,000, $3,000 and $10,000 of Card Debt?
How much is credit card interest per month? At 22% APR: $18 on $1,000, $55 on $3,000, $183 on $10,000. Tables by APR and payoff time.
Does Closing a Credit Card Hurt Your Credit? The Utilization Math
Does closing a credit card hurt your credit? See how utilization jumps from 15% to 30%, when closing makes sense and how to do it right.
Deferred Interest vs. 0% APR: The Store Card Trap Explained
Deferred interest vs. 0% APR: why “no interest if paid in full” can add $211 of back interest to a $1,200 purchase, and how to avoid it.
The Credit Card Minimum Payment Trap: What Paying Only the Minimum Costs
What paying only the credit card minimum payment really costs: how minimums are calculated and how long they take on 4 balances.
Credit Card Cash Advances: Fees, APR and Cheaper Alternatives
Credit card cash advances explained: fees, cash advance APR, how interest is calculated from day one and cheaper alternatives.
Late Credit Card Payment: Fees, Penalty APR and What to Do Next
Late credit card payment? What happens at 1, 30 and 60 days late, the penalty APR and four steps that limit the damage.
Debt-to-Income Ratio: How Lenders Calculate It
Debt-to-income ratio explained: the DTI formula, what lenders consider good, a worked example and how to lower yours.
Paying Off a Personal Loan Early: How Much It Saves
Paying off a personal loan early: how much interest it saves, five strategies compared on a $10,000 loan and prepayment penalties.
How to Pay Off $10,000 in Debt in One Year
How to pay off $10,000 of credit card debt in a year: the monthly payment at three APRs and a five-step plan to find the money.