Calculate the real cost of your debt
Before taking that additional loan and adding to your debt, it’s a good idea to know how much this loan will really cost you.
What will it take to pay off your credit card?
The true cost of paying the minimum
Is your money being sucked into a compound interest sinkhole? If you’re not paying off your credit cards every month, that’s just what can happen. It depends on the interest rate charged by the credit card company and whether you pay as much as you can, or just the minimum amount due.