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To: GraceG

Actually, credit card and school loan statements both calculate and tell you how long it takes and how much you pay if you only pay the minimum vs. Paying a little extra. All she has to do is read it.


67 posted on 04/09/2016 3:41:43 PM PDT by Rusty0604
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To: Rusty0604

[ Actually, credit card and school loan statements both calculate and tell you how long it takes and how much you pay if you only pay the minimum vs. Paying a little extra. All she has to do is read it. ]

You can lead a liberal to a book, but you cannot make them think.

Yeah, the student loan statement probably had “minimum payment” and based of some simple mental math she probably had “min payment” of 120 a month, where as if she paid 180 a month it would have been paid off.

Then again the idiot doesn’t disclose the interest rate, though given enough time in excel I could probably figure out the interest rate and and the min payment made vs. the 30 years payoff rate.

What a moron


73 posted on 04/09/2016 3:49:35 PM PDT by GraceG (The election doesn't pick the next president, it is an audition for "American Emperor"...)
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