Cost of Credit

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Cost of Credit

If you don't pay off your credit card balance every month, the interest assessed on your account means you may be paying more for the items you purchase than you expect. And if you spend beyond your means and add up considerable credit card debt, the extra money you pay in interest can be alarming!

To find out how much extra you might pay on credit card purchases, use this simple calculator.

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Total purchase amount	CFA
Credit card APR		%
Planned monthly payment	CFA

Number of months to pay off This is how long it will take you to pay off the entire amount.
Final month's payment The last payment on this account.	CFA
Total finance charge This is the total amount of money you have paid toward interest.	CFA
Total cost:	CFA

Cost of Credit

Cost of Credit

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