Call Now! 1-800-500-6489

We help people get out of Credit Card Debt!

Call Us Toll Free


CreditGUARD of America

See How Much Money We Can Save You!

  • By providing your information, you consent and request to be contacted by CreditGuard and/or our member(s) to your phone, cell phone, email, text/SMS, and through the use of pre-recorded messages and automated dialing technology at the number(s) listed above even if your number provided on the form above is on a State, National or Corporate Do Not Call List. You are not required to purchase any goods and/or services. Standard carrier and messaging rates will apply.

Free Cost of Credit Calculator

If you pay off your credit balance late, you’ll be paying extra!

Figure out how much your purchases actually cost based on the cost of credit using our easy calculator!


If you’d like to calculate this yourself, apply this math formula:

Discount %/(100-Discount %) x (360/Allowed payment days – Discount days)

Here’s an example:

A creditor offers a rate of 2/15 net, 40 payment terms. This means the creditor will allow a 2% discount if paid within 15 days, or a regular payment in 40 days.

Here’s the math on how to determine the percent cost of credit for this example:

= 2% /(100%-2%) x (360/(40 – 15))

= 2% / (98%) x (360/25)

= .0204 x 14.4

= 29.4% Cost of credit

If that sounds overwhelming, we’re with you—use our easy calculator!

If you have questions about your debt situation or are behind on your monthly debt payments, give one of our Certified Credit Counselors a call today at 1-800-500-6489!