Consolidating credit card debt calculator
The first step is to talk to a certified credit advisor.
ACCC’s credit advisors are available by phone at 800-769-3571 Monday to Thursday from 9 am to pm, Friday 9 am to 8 pm, and Saturday 10 am to 6 pm.
Calculators are designed to be an approximation using information you provide.
Whichever option you choose, you will use it to pay off your multiple balances.
The rate you enter is used to calculate the interest on all future credit card payments.
The length of time to pay off this credit card may be much greater than calculated if you enter a low promotional interest rate that is only good for a short period of time. If you checked the "use credit card minimum payments" box, your monthly payment is calculated as 4% of your current outstanding balance.
By consolidating credit card debt with a personal loan, borrowers can pay off credit card debt in a fixed number of years and at potentially lower interest rates too.
See how much you could save with our Credit Card Consolidation Calculator below and check out our personal loan rates for consolidating credit cards.