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With a $15,000 balance and 5.99% interest. Home much interest will I be charged monthly based on these numbers?
@Anonymous wrote:With a $15,000 balance and 5.99% interest. Home much interest will I be charged monthly based on these numbers?
@Anonymous, Hi and Welcome to the forums.
IMHO .. Too much interest .. while at a good rate, try to call Discover and see if you can get it lowered?
or possibly see if you can get a 0% promotional balance transfer card.
Roughly $75 a month, but first month wont be exact 30 days in billing cycle
and future months will go down depending on how large the payment is to lower the balance.
While 6% is too much for anyone that has 0% and other options, overall it is not worse case scenario.
However, explore your options currently, and also constantly.