Without knowing what the interest rate is, what would be an estimate of how much credit card debt they had?
If someone had about $600-700 dollars in credit card minimum monthly payments......?
2-3% is a common minimum payment, so 30-40k might be a good estimate, but that could depend on a number of factors.
If someone had about $600-700 dollars in credit card minimum monthly payments......?
An OMG amount !
If someone had about $600-700 dollars in credit card minimum monthly payments......?
On a credit card? Tens of thousands of dollars, like enough to buy a nice car, maybe a small house.
If someone had about $600-700 dollars in credit card minimum monthly payments......?
Cards vary quite a bit. Could be as low as $20K (unlikely to be less), as high as $35K.
If someone had about $600-700 dollars in credit card minimum monthly payments......?
Probably around 20k or more depends on the intrest rate!
If someone had about $600-700 dollars in credit card minimum monthly payments......?
he must be having atleast 20000$ in debt
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