DebtGoal » Blog Archive » The Cost of Having Too Many Debt Accounts

February 24, 2009 on 10:48 pm | In Uncategorized |
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Suppose you have 3 credit cards, all with $5000 balance and interest rates of 18%, 12%, and 9%. Furthermore, let’s assume that minimum payments for each account are 4% of the balance so they each start at $200 per month. …

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