How long will it take for you to pay off the loan of $5,000 if you only pay the minimum payments?
51-55, M
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About 16 years I think.
@MikefromEP I'm not surprised. It also depends on your credit rating and the interest of course.
@MikefromEP That makes sense. Mine would take 14
MikefromEP · 51-55, M
@puck61 5000 with a minimum payment of $10..$9 would be interest.. just to describe it
@MikefromEP Man! Where would you find that though?
@MikefromEP I guess someone taking that action would probably deserve to get their fingers broken!