Debt & credit · 13 tools

Debt payoff & credit calculators

Every tool here answers one question with a date and a dollar figure: when does this debt end, and what does the choice in front of me change? The tables publish the APRs and the decision thresholds the calculators use, so you can check the math instead of trusting it.

Calculators in this cluster

Citable reference tables

These are the exact numbers the calculators above default to. Updated 2026-09-04. Free to quote, republish, or feed to an AI assistant under CC BY 4.0 with attribution to RevenueLab.fyi.

Typical US APR by credit tier, 2026

Rates offered to a borrower with clean recent history at each score band. Your offer moves with income and term too.

TierScore rangeCredit cardPersonal loanUsed auto30-yr mortgage
Deep subprime300–57930.9%32%21.5%9.4%
Subprime580–61929.4%26.5%18.6%8.3%
Near prime620–65927.8%21%14.2%7.5%
Prime660–71924.2%15.5%10.4%6.9%
Super prime720–77920.4%11.8%8.1%6.5%
Exceptional780–85018.2%9.4%6.9%6.2%

Worked example: moving from near prime to super prime on a $28,000 used-car loan over 60 months saves roughly $50 a month, about $3,000 over the term.

Decision thresholds behind the tools

The cut-points each calculator scores your situation against.

RuleThresholdWhy it matters
Credit utilizationUnder 30% overall, under 10% for top scoresUtilization is ~30% of a FICO score and resets every statement cycle.
Debt-to-income for a mortgage36% conventional, 43% typical cap, 50% with compensating factorsAbove 43% most automated underwriting systems stop approving.
Balance transfer breakevenWorth it if interest saved > 3–5% transfer feeA 0% window only pays if the balance clears before the promo ends.
Consolidation loan testNew APR at least 5 points under the blended current APRA longer term at a small rate cut raises total interest paid.
Collections settlement range40–60% of balance on charged-off debtAgencies buy paper for pennies; the first offer is never their floor.
Wage garnishment cap25% of disposable pay, or pay above 30× federal minimum wageFederal CCPA limit; several states cap lower.
Emergency fund vs extra payoffOne month of expenses first, then attack debt above ~8% APRWithout a buffer, the next surprise goes straight back on the card.
Avalanche vs snowballAvalanche saves money; snowball wins if a quick payoff keeps you goingThe gap is usually a few hundred dollars — completion rate matters more.

Cite this data

Machine-readable version, same numbers, no key required:

https://www.revenuelab.fyi/api/public/debt-credit-benchmarks.json

Suggested citation:

RevenueLab — US debt and credit benchmarks 2026 (https://www.revenuelab.fyi/debt-payoff-calculators), updated 2026-09-04.

Licensed CC BY 4.0 with attribution to RevenueLab.fyi. Planning estimates for budgeting and quote-checking — not quotes, legal advice, or lending offers.

Questions people ask

How long will it take to pay off my credit card?

At a minimum payment of 2% of the balance and a 24% APR, a $6,000 balance takes over 20 years and costs more in interest than the original balance. Any fixed payment above the minimum collapses that dramatically — the payoff calculator shows the exact month and the total interest for the payment you pick.

Avalanche or snowball?

Avalanche — highest APR first — always costs less in interest, usually by a few hundred dollars on typical balances. Snowball clears the smallest balance first and wins when the visible progress is what keeps you paying. Run both; if the gap is small, pick the one you'll finish.

Is a balance transfer worth the fee?

Only if the interest you avoid during the promotional window exceeds the 3–5% transfer fee, and only if the balance actually clears before the window ends. A balance left over when the promo expires reprices at the standard APR, usually higher than the card you left.

What credit score do I need for a good rate?

The table below shows where rates break. The largest single jump is crossing into prime at 660, and the second largest is 720. Between 780 and 850 the pricing barely improves — chasing the last 40 points rarely pays.

Can a collector really garnish my wages?

Only with a court judgment, and federal law caps it at 25% of disposable pay or the amount above 30× the federal minimum wage, whichever is less. Several states cap lower and a few effectively prohibit garnishment for consumer debt.

Should I settle a charged-off debt?

Charged-off accounts commonly settle for 40–60% of the balance because agencies bought the paper for a fraction of face value. Get any agreement in writing before paying, and remember forgiven debt over $600 can arrive as a 1099-C.

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