Credit Card Holders to Benefit from Responsible Use of Plastic

(PRWEB) January 10, 2014

aCalculator.com, a website launched earlier this year as a complete online financial help resource, has recently answered one of the most burning issues regarding the US household debt. By introducing a number of credit card debt related calculators, the website aims to help Americans learn responsible usage of their cards and prevent dire financial situations by overcoming their debt. Two of the most effective calculators in this regard are credit card minimum payment calculator and credit card pay off.

According to the spokesperson for the website, credit card debt is currently one of the most prominent financial issues that must be tackled before another economic downfall strikes. Sharing some of the major reasons behind addition of the aforementioned tools, the spokesperson said, “A number of people will tell you that credit card debt is now under control. While the rate of rise has slowed down, the numbers are still staggering. Currently, Americans owe $849.8 billion in credit card debt. As lenders are loosening their lending criteria, the number is expected to grow – unless of course the consumers learn to be responsible.”

One of financial tools recommended by the spokesperson in this aspect is the credit card pay off calculator. The tool is designed to help the users in analysis of their available options. It is very effective in determining whether a modification is required for successful and complete repayment. Designed by the financial experts who have created the website, the calculator also considers expense related to the prospective major purchases user might have planned.

Another tool the spokesperson recommends is the Credit Card Minimum Payment calculator. According to the spokesperson, this tool can play a very important role in cutting down the number of bankruptcies filed in a year. The calculator suggests the minimum amount that can be paid every month in order to pay off the debt without a huge burden on monthly finances. “Based on your card details, we will give a complete pay off schedule. You’d be surprised to know how you can completely eradicate the debt by paying such a small amount every month.”

The calculators are not the only resources offered by the website. Acalculator.com also strives to help users by sharing expert opinion and advice in the website blog section. The spokesperson stated that the website is soon to publish a blog regarding credit card debt and tips to overcome the problem before it’s too late. All the resources available on the website are completely free to use. For more information, please visit the website, http://www.acalculator.com.

About acalculator.com
Acalculator.com is a leading financial help website that offers budgeting and financial calculation tools for free. The website currently features 300 different calculators ranging from mortgage calculators to long term care calculators. The website caters to users from USA, Canada, and Australia by providing them essential tools to help them plan their financial future. To contact them, please use the following details:

Contact Details 
Web: http://www.acalculator.com 
Contact Number: (800) 333-0888

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