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GOBankingRates
GOBankingRates
Laura Bogart

Here’s How Long Credit Card Debt Really Takes To Pay Off if You Only Make Minimum Payments

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You’re juggling a lot of financial priorities: your rent or mortgage, your car payment, student loan debt and the costs of daily living. And, of course, there’s your credit card debt. To keep that last ball in the air, you may figure you’ll be OK making only the minimum monthly payments. After all, you’ll pay it all down eventually, right?

Explore More: Suze Orman Reveals the No. 1 Bill You Should Pay First Each Month

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