Question 1

Does paying only the minimum clear credit card debt?

Accepted Answer

Usually very slowly. Most of an early minimum payment goes to interest, so the balance barely moves. A higher fixed payment shortens the timeline.

Question 2

How is the free date calculated?

Accepted Answer

We simulate month by month: interest accrues on the balance, then your payment reduces it, until the balance clears or interest traps you forever.

Question 3

Why do rates differ by country?

Accepted Answer

Typical card APRs vary by market. We suggest common examples you can edit. Always use your statement rate for a personal estimate.

Question 4

Is this financial advice?

Accepted Answer

No. These are educational estimates. Fees, promotional rates, and issuer rules can change real results.