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If you owe $2,000 on a credit card charging 19.8% APR

a minimum
payment of.....

2%

3%

4%

5%

means a debt
lasting.......

25 years & 4 months

10 years & 9 months

7 years & 6 months

5 years & 11months

(Assuming you have no new charges and minimum payment of $20)


If your interest rate on $2,000 is 15% APR

a minimum
payment of....

means a debt
lasting..........

2%

3%

4%

5%

14 years & 3 months

8 years & 9 months

6 years & 7 months

5 years & 5 months

(Assuming you have no new charges and minimum payment of $20)

You can download this page in PDF format at
http://www.800debthelp.com/library/pdf/Payoff_Breakdown_Nationwide.pdf