2026-10-01 21:08 UTC
It’s also worth noting that it’s mathematically impossible to pay off a $3,600 balance at $50/month if you’re being charged 18% interest.
Your interest the first month alone would be $54, which means you’d have to pay at least $55/mo to ever pay it off (it would take 22 1/2 years at $55/mo).
RE: https://bsky.app/profile/did:plc:uwu2axxotgetzx7ss4gjrq66/post/3mwtod26dtk2g
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@charlesgaba.com@bsky.brid.gy 2026-10-01 21:14
Try it out here: At $55/mo, even if you never miss a payment, it would take 270 months and you’d pay over $11,000 in interest…or over 3x the principal. The newborn child Rogers delivered via c-section would be old enough to drink by the time the bill was paid off. www.bankrate.com/credit-cards... What will it take to pay off m...