When we began Seattle Bites Food Tours in 2008 we wanted to select those âhidden gemâ merchants who had outstanding food and who many visitors might not easily find among the crowds on a busy day at Pike Place Market.
The credit card companies have six years to collect a debt. The time starts when the credit cards make their last entry on your credit report. It is not your last payment as credit cards will continue to show late charges and interest penalties.
A. Over 39 years. Look how long it takes to pay off a credit card debt of $5,000, if your interest rate is 18% APR and you make a minimum monthly payment of 2%. The above figures were calculated with a minimum payment amount not less than $15.Annual Percentage Rate 18% APR 10.9% APR Outstanding Balance $5,000 Minimum Payment 2% Years to Pay Off 39.3 19.9 Total Paid to Credit Card $18,397 $8,791 Total Paid in Interest $13,397 $3,791.njoy it. The above figures were calculated with a minimum payment amount not less than $15. Annual Percentage Rate 18% APR 10.9% APR Outstanding Balance $5,000 Minimum Payment 2% Years to Pay Off 39.3 19.9 Total Paid to Credit Card $18,397 $8,791 Total Paid in Interest $13,397 $3,791.