The lifetime credit card cost calculator will help you determine the true cost of credit when you buy something with your credit card but do not pay off the balance immediately and opt to make payments instead. Move the slider arrows to your desired interest rate and repayment period and then view the lifetime cost of the various items below as they update instantly. Moral of the story: pay off your balance in full every month and use cash back credit cards to make your credit cards work for you and not against you!
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Months to Pay Off:12 months
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Interest Rate:15.0%