Excel Finance Trick 11: How Long Pay Off Credit Card Balance

See how to calculate HOW LONG IT TAKES TO PAY OFF A CREDIT CARD BALANCE using the NPER function.

When you make only the minimum payment on a credit card, it takes a long time to pay off the balance. How long? Use the NPER function to find out how long it will take to pay off the credit card balance.

Solve for how many total periods there are.

In This Series learn 17 amazing Finance Tricks. Learn about the PMT, PV, FV, NPER, RATE, SLN, DB, EFFECT, NOMINAL, NPV, XNPV, and the CUMIPMT...

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From: ExcelIsFun

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No Need to Refinance to Pay Off Your 30 Year Mortgage in About Half The Time

PLEASE NOTE: this process is often referred to as the 'money merge' process, because you 'merge' your funds into one account. JUST LIKE YOU WOULD WITH A REGULAR CHECKING ACCOUNT -- you deposit your income -- write checks (take out funds) to pay your expenses (examples: mortgage, car payment, electric bill, etc.) -- exactly what you usually do.

THE DIFFERENCE IS -- you use an OPEN END ACCOUNT instead of a regular checking account. At the beginning of this video I do a brief explanation of...

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From: Financial

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Online Loans System Policy

A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower's payday." The loans are also sometimes referred to as "cash advances," though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Payday advance loans rely on the consumer having previous payroll and employment...

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Applying for an Aspire FCU Loan or Credit Card

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From: Aspire FCU

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Amortization in Excel (Part 1: Simple Calculator)

In this video, I demonstrate how to calculate the monthly payment, total amount paid, and interest paid for an Amortized loan. This can be applied to Mortgages, auto loans, credit card bills, etc.

This is the first of a series. In this next videos, I will show you how to create an amortization schedule.

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From: Justin Conroy

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Types of Small Business Loans

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From: Jeff Jackson

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Do you have a low or bad credit score and are in need of a loan and have faced rejection from the banks and other lenders? If you want to consolidate debt, complete home reno's, payoff credit cards or whatever the case may be, second mortgages are an excellent option that can help you out now and in the future. By consolidating your debt with a second mortgage and eliminating all of your credit card debts and other consumer debts you will be making some serious improvement to your credit rating.

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From: computer tecnology

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