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The minimum payment on credit card debt is calculated
as a percentage of your current balance. The minimum payment drops
as your balance is paid, but thanks to the magic of compounding,
you'll end up paying for a long, long time.
Check out how much interest you'll shell out over
the life of the debt by using our calculator. Enter the information
below to see the difference in time and money your payment can make!
Find the best
interest rates in your area for more personalized results.
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