See exactly what your balance costs you — and how much faster a bigger payment kills it.
Enter your current balance, APR, and the payment you can make.
$250/mo
The expensive default
Minimum payments never pay this balance off — they barely cover the interest. This is the minimum-payment trap.
Watch how much faster a real payment shrinks the balance.
Every extra dollar attacks principal directly. Interest is charged on the balance each month, so a bigger payment shrinks the balance faster — which shrinks next month's interest, which shrinks the balance faster. It compounds in your favor.
Stop adding to the balance while you pay it down, or you're filling a bucket with a hole in it. And never pay only the minimum on a high-APR card unless you have no other choice — the math above shows why.
