If I bought something that cost $260.00 with my CC how long will it take to pay back?

[Nerd]

If I pay about 20-30 dollars a month towards my bill, how long do you guys think it would take to pay back? I think my APR is pretty high. 20% or something along those lines. Please tell me how long you think it would take!

 

[Stallion]

Well 12 months times $30 is $360 so assuming intrest and all that I bet it would be close to at least 11 to 12 months...

Just a rough guess..

 

[amnesiac]

HERE is a debt calculator. It'll take you about 3 years to pay off with minimum payments..

Oh cool, just found This Program which calculates your debt and stuff..
This one says it will be paid off around December. Assuming a 20% interest rate you will pay about $22 in interest. Makes sense.

 

[skywhr]

Longer than you want. Why not put aside the money slowly and get it when you have the cash?

 

[gittyup]

CC is suck if you plan to carry a balance.