CreditShack.org

Credit Shack is your guide to getting out of debt & managing your credit wisely (first visit?)

Credit Calculators

Want to know how long it will take to pay off that balance? Curious to find out what the monthly payments will be on that new house or car? We assembled a unique collection of exotic calculators from around the financial world for your enjoyment and education. Use them as much as you like. Just make sure to spend some time with your family too. Some of the calculators are accompanied by a background article or two, which you may want to read first before using.

We try our best to ensure accuracy. However it's a fact of life with any computer program that bugs and errors pop up from time to time. We do not warrant the accuracy of these calculators. These calculators are for educational use only.

Frozen Minimum Calculator

If you normally pay the minimum amount due on your credit card each month, this calculator is for you. This calculator shows how much time and money you will save by freezing your monthly credit card payment at today's minimum payment level.

"Snowball" Calculator

Do you carry a balance on more than one credit card? This calculator will show you how to apportion your payments to each card. You will get out of debt sooner and minimize the amount of interest that you pay.

Stay tuned...more calculators are coming your way!

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In 2001, the average household charged $1,100 to credit cards during the Christmas season. (Source: International Mass Retailers Association)
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